Nissan Motor India, a subsidiary of auto maker Nissan Motor Co, plans to hike vehicle prices of all its models, effective January 1st 2013.
It in a statement said that the price increase is being contemplated to offset the rising input costs and currency fluctuation prevailing in the Indian market. The revision of prices will soften the negative impact and help the company stay competitive.
The company, which has 6 models including the newly launched Evalia, is also planning to launch 10 new models in India by mid 2017. The company has three locally produced models Micra, Sunny and Evalia.
Source:
http://www.steelguru.com/indian_news/Nissan_Motor_plans_to_hike_vehicle_prices_from_Jan_1st/295089.html
