Following the Union Budget of 2016, Nissan India have decided to increase the price of its passenger vehicles by 3.5 percent, depending on its engine capacity. The price hike is carried away due to the implementation of the infra cess on the automobiles.
The upcoming Diesel trim of the X-trial model which is likely to land on the Indian shores by the end of this year shall be liable to receive diesel tax of 4 percent. Presently, Nissan India sells prominent cars like Micra, Micra Active, Sunny, and Terrano in the India market. The rival cars of the X-Trail such as Toyota Fortuner and Ford Endeavour have also been found eligible for the diesel tax. They house a 2.0-lite engine along with an electric motor. However, smaller cars from Nissan such as Datsun Go hatchback and the Go+ will be liable for 1% hike.
Due to the infra cess, the automotive industry is worried and hold no option rather than increasing the price of the passenger cars. Prominent carmakers in India like Maruti Suzuki, Hyundai, Honda Car India, Tata Motors, etc have already hiked their respective prices following the budget 2016.
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