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Nissan India announces price hike of 2.5 percent

Snapshot: This hike of 2.5 percent would raise the vehicle prices up to Rs. 18,000.

Nissan India has announced that it will hike the price of its entire model range by 2.5 percent, and it would be effective from January 1, 2015. It would also include Nissan's cost-effective brand Datsun which is prepping up for the launch of its much anticipated sub 4-m MPV - GO+. Quite similar to all the automakers, the company has claimed that rising input costs have led to this hike in price.

Nissan Motor India's managing director, Arun Malhotra said, “We have increased prices due to rising input costs, although we are confident Nissan and Datsun vehicles will continue to offer excellent value and choice to our customers. Despite recent high inflation, the outlook for the Indian economy is positive.” This hike of 2.5 percent would raise the vehicle prices up to Rs. 18,000, while the Datsun line-up would bear a price hike of 3 percent, which would subsequently result in a hike of Rs. 11,000.

Currently, Nissan India sells a total of 5 vehicles in India - Micra Active, Micra, Sunny, Evalia and Terrano. On the other hand, Datsun offers budget-effective GO hatchback in the country. However, Datsun is all set to launch the GO+ MPV based on the hatchback in January 2015 as the media drives of this 7-seater sub 4-m MPV have already commenced.

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