Companies

Nissan cuts prices by 4-6%

Our Bureau Mumbai | Updated on March 12, 2018 Published on February 19, 2014

The price reduction will apply to the Micra Active, Micra, Sunny, Evalia, the SUV Terrano and the Teana.

Nissan Motor India, a wholly-owned subsidiary of Japan’s Nissan Motor Co, has reduced the prices of its vehicles by 4-6 per cent effective February 18, following a reduction in excise duty in the interim Budget.

The price reduction will apply to Micra Active, Micra, Sunny, Evalia, Terrano and Teana, the company said in a statement.

“The reduction in excise duty is a welcome move towards revival of the Indian automobile industry. We at Nissan are happy to pass 100 per cent of the tax benefit to our customers. We are confident this will make our products more accessible and drive growth,” said Kenichiro Yomura, President, Nissan India Operations.

>rajesh.kurup@thehindu.co.in

Published on February 19, 2014
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