MAM
Nissan India to hike prices of vehicles by up to 5 per cent
NEW DELHI: Japanese automaker Nissan has announced it will hike prices of its vehicles in India by up to 5 per cent across models from next month in order to offset increased costs.
The revised prices will be applicable across all available models for Nissan and Datsun with effect from January 2021.
"In the current challenging market conditions, we are constrained to increase the price of all Nissan and Datsun models due to increased costs. The proposed price increase will be effective from January 2021,” Nissan Motor India MD Rakesh Srivastava said in an official release.
The company sells a range of mass market vehicles under the Datsun and Nissan brands, including Datsun Redi-Go, newly launched SUV Magnite and Kicks, with prices in the range of Rs 2.89 lakh to Rs 14.15 lakh.
Other automobile makers like Maruti Suzuki India, Tata Motors, Renault India, Honda Cars, Mahindra & Mahindra, Ford India, Isuzu, BMW India, Audi India and Hero MotoCorp have already announced that they would hike prices from January due to increased input costs.
