Nissan hikes prices: Japanese carmaker Nissan has increased the prices of its best-selling SUV Magnite for the third time in India. This has created trouble for the customers who want to buy this car.
Nissan’s best-selling SUV Magnite: The last few years of carmaker Nissan in India have been very troublesome. The Micra, Sunny, Terrano and Kicks variants of the company did not sell as per the company’s expectations. Even the sports coupe GT-R, which did quite well across the globe, failed to help the brand in India. Nissan also launched a low-budget car under the Datsun brand, but that also did not help. In such a situation, he took Datsun out of the market. However, the company’s last hope, Magnite, fared better in India.
1 lakh booking mark crossed
In fact, Nissan implemented the next-generation transformation strategy in Magnet and this car is the first product under this strategy. This car has done the job of saving the reputation of Nissan in India. Nissan announced on its social media accounts that this SUV has surpassed 1 lakh bookings, a significant milestone for the company.
has great features
Magnet strikes the right balance in every aspect. You will get to see good space in this car. NCAP also gives the vehicle a four-star crash safety rating. Not only the interiors but also the exterior of the vehicle are quite attractive. Where the performance of this car is excellent. At the same time, there is little maintenance required. This vehicle also has a turbo petrol engine option. Due to these characteristics, magnetite is becoming very popular among the people in India.
Price hike for the third time this year
However, in the meantime, customers dreaming of buying Nishan Magnets are facing disappointment. The company has increased the prices of the car for the third time this year. In January, car prices rose for the first time in a year. At the same time, the prices of cars have increased for the second time in April and for the third time in June. Simultaneously, following the increase in Magnite prices, Nissan has discontinued its two variants, the XV Premium variant and the XL Turbo CVT, due to low demand.
so much growth
Price hike Magnit model prices have increased. The base XE variant of this car has been increased by Rs 2,900. The cost of the Magnite base variant has risen from Rs 5,84,999 to Rs 5,87,900. The XL variant has seen an increase of Rs 3,400. Now the price of XL variant has been increased from Rs 6,76,499 to Rs 6,79,900. At the same time, the base XE variant saw a Rs 2,901 increase. Due to this, its price has increased from Rs 5,84,999 to Rs 5,87,900. The price of the XL variant has now increased from Rs 6,76,499 to Rs 6,79,900. The price of Magnite XV has risen by Rs 13,300. Now its ex-showroom price has increased from 7,29,000 to 7,42,300.
Read More: Maruti Suzuki is bringing a powerful SUV, competing with companies like Hyundai and Mahindra.
Least hike in this variant
The XL Turbo has seen the last hike. Its price has increased by Rs 2,900 and this variant will now be available for Rs 7,92,900 from 7,89,999. The XV Turbo variant has also increased significantly. Its price has increased to Rs 33,801. Now this variant has increased from Rs 8,43,999 to Rs 8,77,800. The price of XV Premium Turbo has been increased by Rs 9,200. This model’s price has risen from Rs 9,23,899 to Rs 9,33,100. The price of the XV Premium Turbo CVT has been raised by $20,000.00. Now this variant has increased from Rs 9,99,999 to Rs 10,20,000.
SUV competition of these companies
Despite price increases, Nissan’s small SUV remains the most popular in India. The Magnite is popular among Indian SUV enthusiasts. Despite being a SUB-4-metre SUV, the Magnite competes with the Renault Kiger and Tata Punch, as the rest of the UVs are more expensive than the Magnite.
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