Nissan, Datsun To Hike Car Prices By Up To 3% From January 2016 | News World India

This is a right time if you are planning to buy Nissan cars in India as the company has decided to raise the prices of its models including the Darsun, by up to 3 per cent from January 2016.

“The price increase is to offset the rising input costs. The revision of prices will soften the negative impact and help the company stay competitive,” Nissan Motor India Managing Director Arun Malhotra said in a statement.

Nissan brand of vehicles in India range from the Micra hatchback to SUV Terrano with prices starting from Rs 4.47 lakh to Rs 12.91 lakh (ex-showroom Delhi).

The Datsun range of vehicles include the entry level small car Datsun Go and multi-purpose vehicle Datsun Go Plus which are priced between Rs 3.23 lakh and Rs 4.76 lakh (ex-showroom Delhi).

Last week, the country’s largest carmaker Maruti Suzuki  India had also said that it would hike prices of its vehicles across models by up to Rs 20,000 from January to offset impact of rising costs and weakening of the rupee against the US dollar, joining competitors in making such a move.

Rival Hyundai Motor India had also announced that it would hike prices of its products by up to Rs 30,000 from next month to offset rising input costs and unfavourable foreign exchange fluctuation.

Already various car makers including Toyota, General Motors India and German luxury car makers Mercedes Benz and BMW have announced a hike in prices of their vehicles across models from January to offset rising input costs. Experts believe carmakers usually come up with such year-end announcements which help them clear inventories left after the heavy festival discounts on vehicles.