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Nissan to hike vehicle prices with up to two% after Tata Motors

Nissan to hike vehicle prices with up to two% from April one after Tata Motors. Japanese automaker Nissan on Tuesday said it going to promote prices of its cars, including products under Datsun brand, by up to two per cent in India from following 30 days. Nissan currently purveys 3 models — Micra, Sunny & the Terrano — in India priced among Republika Srpska four,64,000 & Republika Srpska one.45 mn. Datsun models — GO, GO+ & redi-GO — are currently priced among Republika Srpska two,49,000 & Republika Srpska five,twelve,000 (all prices ex-showroom Delhi).”Because of high input costs, we going to be increasing the price of our Nissan & Datsun cars by influence from April one, 2018. We are confident which our cars going to still to offer excellent Price & Selection to our customers,” Nissan Motor India Managing Director Jerome Saigot said in a statement.

Donald Trump’s commerce secretary: tariffs raising vehicle prices $175 is “trivial”

Secretary of Commerce Wilbur Ross defended President Trump’s outline to lift tariffs on steel & aluminum by a could of Campbell soup, a Budweiser tallboy, & some fundamental arithmetic.“In a could of Campbell’s Soup, there are about two.six pennies’ worth of steel,” Ross argued, holding up a could of soup on CNBC. Republican governors, senators, & representatives have all come out versus the outline — even Trump’s chief economic adviser Gary Cohn is versus it. He went on to give another example:“There’s about 1 ton of steel in a vehicle,” Ross said on CNN. Extremely it’s no large bargain.”In his estimate, which would amount to a roughly $175 value promote on a vehicle.

 

 

Wilbur Ross
Wilbur Ross

 

Indus Motor increases vehicle prices with up to Rs300,000

As it stated in Develo­pment comes days after Republika Srpska devalu­ationKARACHI: Indus Motor Inc. – the producer of Toyota Corolla in Pakistan – has increased vehicle prices in the range of Rs75,000-300,000 of different variants to pass on the promote in cost of produce arising from the new Republika Srpska devaluation. This is the 2nd promote in prices within a short span of 3 months. Both times, it revised prices upwards post Republika Srpska devaluation event. The devaluation has increased the cost of imports, as the carmaker imports significant amount of raw material, mostly steel. Indus Motor tells it going to promote vehicle prices furtherIMC increased the average of Grande CVT SR with Rs75,000, that is This time priced at Rs2.33 mn, Grande MT SR saw its value jump up Rs75,000 to Rs2.51 mn.

 

 

collected by Emily Jack

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