Japanese car major Nissan on Tuesday said will hike the prices of its vehicles, including hatchback Micra and sports utility vehicle Terrano in India, by up to 4 per cent from next month in order to offset the impact of rupee depreciation and escalating input costs.
The recently launched multi utility vehicle Nissan Evalia will not be affected, the company said in a statement without disclosing the quantum of hike.
As part of its plans to have a 10 per cent share in the domestic automobile market, Japanese auto giant Nissan said it would introduce an automatic transmission variant of its flagship hatchback 'Micra' and mid-sedan 'Sunny' soon in India.
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Nissan's Sunny overtook Volkswagen Vento to become the third-largest selling sedan in February.
The five door Nissan Micra is an A-segment small hatchback.
The company has a joint manufacturing facility at Oragadam set up with an investment of Rs 4,500 crore (Rs 45 billion).
The company sells a range of vehicles from three-wheelers to high-end sports utility vehicles.
German car-maker Volkswagen on Thursday said it will increase its vehicle prices by up to 2.5 per cent in India from next month in order to offset impact of high input costs.
Most of the major car makers in India, including Maruti Suzuki and Hyundai, do not sell cars through internet but use the online medium to convert queries into offline sales through dealerships.
French auto major Renault on Wednesday said it will increase vehicle prices in India from next month to offset the impact of high input costs.
During September, Maruti said it dispatched 1,375 units of the soon-to-be-launched sedan Ciaz.
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