Nissan to hike prices from Jan 2016

Nissan Group of India has announced a price increase across its Nissan and Datsun range of models from January 2016. The move comes in to minimize the impact of escalating input costs.

The prices of all Nissan and Datsun models in the country will rise by upto 3%, and will be effective January 2016.

 Mr. Arun Malhotra, Managing Director, Nissan Motor India Pvt Ltd said, “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.

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Nissan, in India has been expanding its product range across hatchback, sedan, SUV, compact MPV and MUV segments, however they have no yet tasted big success. With growing competition, there is an urgent need for Nissan to revamp its product portfolio, in order to remain competitive in the Indian market.

Recently Nissan has tied up with ICC (International Cricket Council), as a sponsor for all international cricket tournaments.