Nissan to hike car prices from November 1st

After Maruti, Mahindra and Renault, its Nissan now this is increasing its car prices. Nissan will hike its car prices from 1st of November. The quantum of hike could be between 1 to 2% on all its cars except Evalia, since it has been launched recently and Nissan does not want to meddle with Evalia’s price. Nissan quoted rise in input cost and logistics due to fuel price hike for its reason to increase the prices of its cars.

Press Release
Mr. Nitish Tipnis, Director – Sales & Marketing, Hover Automotive India said, “The prices are being revised to partially offset appreciation in input and transportation costs. While all leading automobile companies raised prices earlier this year, we at Nissan absorbed rising input costs and held back the price hike. Although we have now reached the stage where we have to make an adjustment, I can assure all customers that both Micra and Sunny will continue to represent outstanding value within the market.”

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  1. I understand that fuel costs are increasing, but that doesn't mean that Nissan should raise their prices.