Nissan Price increase 2016-02

Last month, Edaran Tan Chong Motor (ETCM) was reported to have stated that Nissan models were set to face a price increase of between 3-6% in mid-2016. The price hike has now been confirmed, and will happen before mid-year.

A photo of a communication bulletin on the matter was posted on the Nissan X-Trail T32 Club Malaysia’s Facebook group (thanks to AJ for the tip), and it lists the models as well as the anticipated increase in pricing each will face.

Six models, the Nissan Almera, Grand Livina, X-Gear, X-Trail, Teana and NV200, are all set to face an estimated RM5,000 hike beginning from April 1. The bulletin also states that there will be no change to on-the-road pricing of the Serena S-Hybrid facelift, which benefits from the hybrid incentive in place right now.

In October last year, ETCM said that in light of the ringgit’s depreciation, it was mulling a price increase for its range of Nissan models in Malaysia. Nissan now joins other Japanese carmakers – Honda, Toyota and Lexus, all of which has had its vehicle prices hiked this year. Even local carmakers have been feeling the pinch from the unfavourable foreign exchange, with Proton announcing a price hike in mid-February.

We’ll have the final revised prices of the six Nissan models when they’re announced on April 1.