PUNE: Automakers Nissan Group and
Skoda Auto India have said that they will increase prices of all their vehicles by 2% to 3% in the new year to offset rising input cost. This follows similar move by other automakers who said price of passenger cars will increase from January next year.
Nissan Group on Monday said it will increase prices of its Nissan and Datsun range of vehicles by up to 3% from January of 2016.
Skoda Auto India also said that it will announce a revised pricing across its entire model range. The increase will vary from 2% to 3% across the entire product portfolio.
"The new prices effective from January 1st 2016 are in line with increasing input cost and changing market conditions. The price increase will translate into an increase of approximately INR 14,000 to INR 50,000 depending on the model and the variant," Skoda Auto India said in a statement.