Nissan India has announced a price hike of up to 5 per cent across its entire portfolio from January 2020, citing the reason of increased production cost.
With this move prices of all the Nissan and Datsun cars available in India will be pricier from next month.
Commenting on this decision, Rakesh Srivastava, Managing Director, Nissan Motor India Pvt Ltd, said, “Nissan is committed to offering innovative and exciting products under the Nissan and Datsun brand with the best value proposition to its customers in India."
He also said, "In the current challenging market conditions, we are constrained to increase the price of all Nissan and Datsun models due to increased costs. The proposed price increase will be effective from January 2020.”
Nissan India also said that it is offering discounts on both Nissan and Datsun models under the Red Weekends campaign. Under this initiative, Nissan Kicks buyers can avail cash discounts up to Rs 40,000, exchange bonus up to Rs 40,000 and corporate discounts up to Rs 10,000.