Nissan India increases Micra prices by 2 pct

Nissan Motor India Pvt Ltd, the 100 per cent subsidiary of Nissan Motors Japan, has increased the price of its largest selling flagship hatchback - the Micra.

The hike will be applicable to both petrol and diesel versions and will be between 2,500 and 11,170 rupees respectively.

There has been a steady increase in the input cost over a period. It has come to a situation now that the price hike is inevitable and we have decided to increase the price of Micra, a release quoted Kiminobu Tokuyama, Managing Director & Chief Executive Officer of Nissan Motor India, as saying.

The petrol variant costs between 400,000 and 535,000, while the diesel variant comes at a price of 560,000 to 610,000 rupees.

The Micra is the largest selling Nissan model in the country. Of the 2,101 units sold in March 2011, Micra accounted for 2,060 units.