Tuesday, 1 October 2013

Nissan hikes prices of select models

Nissan Motor India Private Ltd, wholly-owned subsidiary of Japan’s Nissan Motor Co, has hiked prices of select models by 1.4-2.9 per cent. The increase would be effective October 1.

The hike would be across most variants of Sunny, Micra and Micra Active, NMIPL said in a press release.

“The prices are revised to minimise the impact of rupee depreciation and offset rising input costs and raw materials costs due to inflation. The price increase is marginal…,” said Nitish Tipnis, Director–Sales & Marketing, Hover Automotive India, said.

Hover Automotive India is NMIPL’s sales company in India, it said.

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