This isn’t about car price hike but sharing in this topic nonetheless. Michelin will increase tyre prices by upto 8% across India, Africa & Middle East w.e.f March 2021 due to increase in raw material and transportation cost.
Nissan Magnite Turbo Variants Receives Price Hike Of ₹ 30,000
Nissan India has silently increased prices of the Magnite subcompact SUV across India by ₹ 30,000. This is the second instance when the Japanese have hiked the prices of its first subcompact SUV. Previously, the base variant prices of the SUV went up by ₹ 50,000 and now the turbo-petrol models have witnessed an upward revision. Nissan's latest offering went on sale in the country last month, with an introductory price of ₹ 4.99 lakh (ex-showroom, Delhi). The turbo-petrol variants are now priced in between ₹ 7.29 lakh and ₹ 9.75 lakh (ex-showroom, Delhi).
Nissan India has announced a price hike across all available models for Nissan and Datsun, effective from 1st April 2021.
”There has been continuous escalation in auto component prices, and we have tried to absorb this escalation over the last few months. We are now constrained to increase our prices across all Nissan & Datsun models, the increase varies from variant to variant, while still offering the best value proposition to its discerning Indian customers.” said Rakesh Srivastava, Managing Director, Nissan Motor India Pvt Ltd.
The all-new Nissan Magnite is currently available for bookings across all Nissan India dealerships and on its website, NISSAN, at INR 11,000 with a complete digital experience that awaits each customer to ease their buying process. It is available in 20 grade line-ups and over 36 combinations, each grade walk is carefully curated to meet the aspirations of the discerning Indian customers.
Fitted with one of the most powerful engines in the segment, the Nissan KICKS is available in 1.5L naturally aspirated & 1.3L Turbo petrol engine option in MT & CVT variants. The Datsun redi-GO is available in 0.8L & 1.0L engine option in MT & AMT variants, whilst the Datsun GO is available in 1.2L engine option with MT & CVT. The Datsun GO+ is available in 1.2L engine with MT & CVT options.
Toyota Kirloskar has issued a statement about price hike w.e.f 1st April 2021:
TKM today indicated that the company will realign the prices of its models, with effect from 1st April 2021. This increase is necessitated to offset the substantial increase in input costs. During such testing times, it has been our endeavor to absorb cost increases through our internal efforts, and only a minimal portion will be reflected onto the prices. As a customer-centric company, we reinforce our commitment to cater to the ever-evolving needs of our customers by consciously minimizing the impact of rising costs on consumers.
Maruti Suzuki Increases Prices Of Select Models By 1.6% From April 2021
Maruti Suzuki has officially announced an upwards revision of up to 1.6 per cent in prices for select models in its line-up. The Indo-Japanese carmaker has stated that the price hike is mainly due to an increase in various input costs, and the revised prices will be effective from today, April 16, 2021, onwards. The amount will vary for different models.
This is the second time that Maruti Suzuki India has increased vehicle prices this year. Earlier in January 2021, the company had increased prices for select models by up to ₹ 34,000, sighting the same reason for increasing input costs. This time around the price hike will be as high as around up to ₹ 20,000 depending on the model and variant.