Nissan to increase car prices from January 2013 in India

Almost every car manufacturers in India has announced to increase their car prices from January 2013. The latest to join the list is Japanese car…

Almost every car manufacturers in India has announced to increase their car prices from January 2013. The latest to join the list is Japanese car maker, Nissan Motors. Earlier today, Nissan India announced that they will increase prices of all their cars sold across the country w.e.f. January 2013.

Reason of this price increase, according to Nissan India, “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.”

Nissan had increased their car prices on select models last month, so this new announcement might come as a surprise to many.

From luxury car makers, Audi, BMW and Mercedes Benz, to affordable car makers like, Maruti Suzuki, Tata Motors, Mahindra, and many more have announced to increase car prices from January 2013. A report suggests that car manufacturers are announcing to increasing car prices from Jan 2013 in order to clear 2012 stock. For more information, scroll down.

Auto News Release

NISSAN INDIA PLANS TO ANNOUNCE PRICE INCREASE FROM JANUARY 2013

Mumbai, December 13, 2012: Nissan today announced its plans to increase prices across all its vehicle models w.e.f. from January 01, 2013.

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.

Nissan delivers cutting-edge technology, innovative design and a rewarding experience to all its customers. In India, Nissan has been constantly expanding innovative and exciting product offerings across hatchback, sports car, SUV and sedan segments. Today, Nissan has strongly positioned three locally produced models – Micra, Sunny and Evalia. Nissan products will continue to represent outstanding value within the Indian market.

About Nissan Motor India Pvt. Ltd

Nissan Motor India Private Ltd. (NMIPL) is a 100% subsidiary of Nissan Motor Co. Ltd. Japan. The company was incorporated in 2005 and offers innovative and exciting products across hatchback, sports, SUV and sedan segments in India. Nissan together with its global Alliance partner Renault set up a manufacturing plant and a Research & Development Centre near Chennai. Nissan has appointed Hover Automotive India Pvt. Ltd. as a sole distributor for India to handle sales and marketing, dealer development, customer relationship management and after sales. NMIPL registered sales over 33,000 units in FY 2011. For more information, visit www.nissan.in.

About Hover Automotive India

Hover Automotive India (HAI) is the national sales company (NSC) of Nissan Motor Co. Ltd (NML), Japan acting as the sole and exclusive distributor for managing the marketing, sales, after-sales service, training & dealer development functions for the entire territory of India. HAI functions as an independent company to accelerate the sales and build customer touch points across India for the Nissan brand of vehicles.

HAI was formed by three global entrepreneurs. Mr. Moez Mangalji, proprietor of global hospitality chain Westmont Group, Mr. G.M. Singh, founder and Chairman of the Mumbai based GMS group and Mr. Kevin Whalen, founding member of the US based fortune 500 company ‘Group One Automotive.’ Together, these eminent entrepreneurs form HAI’s board of directors and bring with them world class expertise of aligning with global brands to deliver unmatched speed to market and unparalleled customer service. For more details visit: www.hai.net.in