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.