Nissan and Datsun have announced its new price hike going live starting this April. The price hike is going to be a substantial hike to which the company gives a reason for the increase in prices of raw materials and various premade components. However, the exact hiked prices haven’t been revealed by the company but have confirmed that the increment in prices will depend on the model and variants.
Nissan and Datsun aren’t the only manufacturers that have announced this price hike but, recently Maruti Suzuki and Renault have also climbed over this bandwagon and announced a price hike. Although, the price hike of Nissan cars is sure to affect the company’s customer big time but amongst them, the most affected will the customers planning to buy the Nissan Magnite.
It is not the first time Magnite’s prices have been increased, but the 3rd time the car is getting a hike. The first time was when the company got rid of Magnite’s introductory price at the start of this year which was a significant hike of about Rs. 50,000 on the lower variants, after which last month company again announced a price hike which affected the Turbo variants of the Magnite with a price increment of Rs. 30,000 and now this price hike.
Nissan Magnite is the company’s biggest success in the domestic market which till now remains on a waiting period of up to 10 months for certain variants. The most in-demand variant of the Nissan Magnite is its top XV premium (O) turbo variant which is offered with a 1.0-litre 3-cylinder turbocharged petrol engine, capable of producing a max power output of 99hp and max torque output of 160Nm, coupled with a 5-speed automatic transmission gearbox. Nissan has roughly received bookings of 40,000 cars of which only has been successful to deliver 6,500 amongst those.