Nissan Motor India Private Ltd. (NMIPL) announced hike in price for three of its models in India owing to the input cost. The increase ranges from 1.5 percent to 2.5 percent which is effective from 1st February, 2013.
NMIPL is a 100% subsidiary of Nissan Motor Co. Ltd. Japan. Incorporated in 2005, the company offers innovative and exciitng products comprising of hatchbacks, SUVs, sports and sedans in India. Nissan along with its global alliance partner Renault set up a manufacturing plant and a R & D centre near Chennai. Nissan delivers distinctive design, better technology and a rewarding experience to all its customers.
The prices for Micra (hatchback) will increase by 1.5 percent, the Sunny (mid-sized sedan) by 2 percent and the Evalia, the urban class utility vehicle, by 2.5 percent.
Mr. Nitish Tipnis, Director – Sales & Marketing, Hover Automotive India (Nissan Motor India’s national sales company) said, “The price rise, which we have held back for several months, is to offset rising input costs and also ease the impact of currency fluctuation. Although we have to make this adjustment, our cars continue to represent outstanding value for our customers within the Indian market.”