Nissan Magnite Price Hiked In Nepal
"After its launch in India, the Nissan Magnite has undergone its second price increase"
After its launch in India, the Nissan Magnite has undergone its second price increase. In India, the turbo versions of the Magnite have increased in price by up to INR 30,000.
The Magnite turbo-petrol variants now cost between INR 7.29 lakh and INR 9.75 lakh (ex-showroom, Delhi). The Magnite saw its first price increase in January, when the company raised the price of the base variant.
According to unconfirmed reports, the price increase is due to a shortage of semiconductor chips caused by US trade sanctions against Chinese companies such as Semiconductor Manufacturing International Corp. The shortage has escalated as a result of the pandemic's surge in demand for electronics and personal computers. According to experts, the semiconductor shortage would likely last until the first quarter of FY22.
Will the price hike in India affect turbo variants in Nepal as well? As of today, we haven't received any updates on the matter, but as supply struggles to keep up with demand for semiconductors, expect production costs to rise.
The Magnite is available with two engine options. These include a 1.0-litre, 3-cylinder, naturally aspirated petrol engine that puts out 71 BHP and 96 Nm and a 1.0-litre, 3-cylinder turbo petrol unit that makes 99 BHP and 160 Nm. Both engines are offered with a 5-speed manual transmission.
The Magnite sub-compact SUV was recently launched in Nepal at a starting price of Rs 31,99,000. The sub-compact SUV is available in four trims – XE (Base), XL (Mid), XV (Upper), and the XV (Premium) in a total of 11 variants.
Price list of the Nissan Magnite in Nepal:
VARIANTS | PRICE | |
Magnite | XE | 3,199,000.00 |
Magnite | XL | 3,499,000.00 |
Magnite | XV | 3,799,000.00 |
Magnite | XV (Dual) | 3,834,000.00 |
Magnite | XV Premium | 4,149,000.00 |
Magnite | XV Premium (Dual) | 4,184,000.00 |
Magnite Turbo | XL | 3,999,000.00 |
Magnite Turbo | XV | 4,299,000.00 |
Magnite Turbo | XV (Dual) | 4,334,000.00 |
Magnite Turbo | XV Premium | 4,599,000.00 |
Magnite Turbo | XV Premium (Dual) | 4,634,000.00 |
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