The Nissan and Datsun range of vehicles on sale in India will be subject to a price hike effective January 1, 2015. The prices of Nissan products will be increased up to 2.5 per cent and Datsun, up to 3 per cent. This translates into an increase of up to Rs 11,000 on Datsun cars and up to Rs 18,000 on Nissan range of vehicles.
The current Nissan product range includes the Micra Active, Micra, Sunny, Evalia and the Terrano in India, and Datsun currently has a single product in its portfolio, the Go hatchback which will shortly be joined by the Go+ MUV.
Arun Malhotra, managing director, Nissan Motor India 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."
With 2014 coming to an end a lot of automakers have announced price hikes for the next year already. The good news is that dealers are offering discounts/benefits to clear stocks. Though whether this translates into better sales for December, is yet to be seen.