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Nissan India has decided to increase the price across the range in India due to the rising input costs. To balance the manufacturing cost, Nissan has announced a marginal price hike.
Currently, Nissan retails the Micra hatchback, Sunny sedan and the Terrano compact SUV in India. On the other hand, Datsun sells the GO and redi-GO hatchbacks and GO+ compact family wagon.
Previously, in the beginning of 2018, Nissan had announced a price hike of up to Rs 15,000 depending on the model. The reason for the price hike was the rise in input and raw material costs.
Managing Director of Nissan India, Jerome Saigot said, "Due to rising input costs, we will be increasing the price of our Nissan and Datsun cars with effect from 1st April, 2018. We are confident that our cars will continue to offer excellent value and choice to our customers."
Nissan is not the only manufacturer to announce a price hike. Tata Motors and Audi too have increased the prices in India which will be applicable from April 1, 2018. Audi increased the price due to rise in customs duty.
DriveSpark's Thoughts On The Nissan Price Hike
Nissan has increased the price of its entire range for the second time in 2018. Although the increase in prices remain marginal and it should affect the sales of the cars. Tata Motors has also announced a price hike and we expect other manufacturers to follow the same in the coming days.