Nissan Magnite receives a price hike once again

Nissan India has announced a price hike on its popular Magnite compact SUV.This is the second price hike on the Magnite SUV ever since its introduction in the Indian market in December 2020.
By : HT Auto Desk
| Updated on: 07 Oct 2021, 11:46 AM
Nissan Magnite is the latest entrant in the closely fought sub-compact SUV segment. (HT Auto/Sabyasachi Dasgupta)
Nissan Magnite is the latest entrant in the closely fought sub-compact SUV segment. (HT Auto/Sabyasachi Dasgupta)
Nissan Magnite is the latest entrant in the closely fought sub-compact SUV segment. (HT Auto/Sabyasachi Dasgupta)
Nissan Magnite is the latest entrant in the closely fought sub-compact SUV segment. (HT Auto/Sabyasachi Dasgupta)

Nissan India has announced a price hike on its popular Magnite compact SUV. This is the second price hike on the Magnite ever since its introduction in the Indian market in December 2020. Save for the price hike, there is no other change on the SUV. The latest price hike comes into effect starting from October'21. The quantum of increase varies across the variants of the Magnite SUV. 

(Also Read: From Nexon to EcoSport: 10 sub-compact SUVs that found most buyers in September)

Magnite's price hike on its naturally-aspirated variants falls in the range of 6,000 to 17,000. On the other hand, the SUV's top-spec XV Premium and XV Premium Dual Tone have received the maximum price increment of 17,000. While the 1.0-litre NA petrol engine is available in four trims – XE, XL, XV, and XV Premium, the 1.0-litre turbo petrol mill is available in three variants – XL Turbo, XV Turbo, and XV Premium Turbo with both manual and CVT gearboxes. Nissan India has hiked pricing of its lower variants in the range of 10,000 to 13,000, while the higher-spec trims have become dearer by as much as 15,000. 

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Nissan has recently reported a figure of 2,816 units in domestic wholesale in the month of September. This includes vehicles under both Nissan and Datsun range. A bulk of the credit once again goes to Magnite SUV which has now received over 65,000 bookings. (More details here)

Meanwhile, Nissan India has recently announced the launch of its new Virtual Sales Advisor initiative for prospective Magnite customers. With the new initiative, the company aims to provide customers with end-to-end car buying assistance through real-time interaction with the carmaker’s sales executives virtually. 

First Published Date: 07 Oct 2021, 11:43 AM IST
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