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    Thread: Nissan to hike prices across product basket from Jan ‘14

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      Nissan to hike prices across product basket from Jan ‘14

      Nissan has announced price increase across the range of vehicles on sale in India to minimize the impact of rupee depreciation and escalating input costs.
      The price increase ranging from 2% to 4%, will be effective from January 2014, the Japanese car maker has said.
      The increase will impact the purchase price of its hatchback Micra, the Micra Active, mid-sized sedan Sunny, MPV Evalia and newly launched SUV Terrano.
      Richard D Spitzer, Acting COO, Hover Automotive India (Nissan’s National Sales Company) said “Although the rupee situation seems to have stabilized, the higher exchange rate has impacted costs all round, making price increase inevitable. Inflation-led rise in input costs and raw materials costs also cannot be ignored at this point.”

      Source: http://www.thehindubusinessline.com/...cle5444347.ece
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      Why LOL Simple_car ? is it because they will have tough time selling more cars with higher price, as already they dont have good sales numbers.
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      Ghost Rider. I was supposed to click thanks. Clicked LOL button instead..Sorry for the goof up.

      Anyways, the price rise from nissan was expected anyways, since almost all manufacturers are going to do that. The reasons however are not only increased input costs. There is another reason which I think the price is going to increase, but I am not going to say until I have confirmed news.

      Thanks and apologies for the goof up.

      Simple_car

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      Quote Originally Posted by Simple_car View Post
      apologies for the goof up.
      Hey no issues, we all goofs up many times here and there

      Quote Originally Posted by Simple_car View Post
      There is another reason which I think the price is going to increase, but I am not going to say until I have confirmed news.
      It seems you know something secret
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      Quote Originally Posted by Simple_car View Post
      There is another reason which I think the price is going to increase, but I am not going to say until I have confirmed news.
      Hey..What is that? when will the secret come out?

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