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The company has announced an increase in prices by up to ₹15,000 across both its brands, Nissan and Datsun. Maruti Suzuki, Tata Motors, Mahindra, Toyota, Jeep, Renault, Volkswagen, Skoda and Isuzu, have already raised prices.
The car industry has attributed the hike to a rise in input costs and fluctuations in foreign exchange rates. Jerome Saigot, Managing Director, Nissan, said that the price hike will help the company to optimise manufacturing efficiencies.
In November, Nissan sold 3,976 units, a rise of 0.03 percent, compared to last November. From April to November, the company’s saw a sales dip of 9.85 percent. It managed to sell 35,271 units.
As India's first ABS-equipped e-scooter, the X claims a top speed of 105kph.TVS has finally launched the X at Rs 2.50 lakh after releasing multiple teasers. Currently, the X is the most expensive electric scooter on sale in India.
Read MoreHonda has introduced the Elevate SUV with an introductory price of Rs 11 lakh for the base SV MT model, and it goes up to Rs 16 lakh for the top-tier ZX CVT variant, both prices being ex-showroom in Delhi. The company will commence deliveries of the Elevate today. This new midsize SUV is available exclusively with a 1.5-liter petrol engine, offering both manual and automatic transmission choices.
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