increase – AUSmotive.com

According to a report on the GoAuto website new buyers of the Nissan GT-R will be stung for a price rise if they don’t already hold an order. While nothing official has been released, it seems as though the falling Australian dollar is behind Nissan’s economic revision. The increase will take effect before the GT-R’s Australian launch in April.

Original pricing from Nissan Australia was released in October last year, and at that point, the pricing was set at $148,800 for the entry level GT-R, while the Premium model would be an extra $4000. Now, though, those prices are expected to be just over AU$150K and AU$154K respectively.

Nissan Australia spokesman Ross Booth claims they have 140 orders for the GT-R on their books, and despite the economic downturn, none have been cancelled. Existing orders will not be affected by the price rise.

In relative terms this rise is very minor and one can’t imagine it would deter any prospective purchasers. Certainly wouldn’t stop me, that’s for sure!

Source: GoAuto

Currency movements shift Toyota’s pricing upwards

Toyota Yaris will increase in price by as much as $800

The Global Financial Crisis has claimed it’s first genuine scalp in the local motor industry. The falling value of the Australian dollar against the Yen has seen Toyota Australia announce pricing increases on all of its imported models, with the exception of the Prius. The average increase on affected models is about 2.4 per cent. The new pricing regime will take effect on 1 January 2009.

Toyota Australia senior executive director sales and marketing David Buttner commented, “The Australian dollar has weakened against the yen by more than 35 per cent in the past three months.

“In the past year, there have also been steep increases in the prices of raw materials, such as steel. In the light of all these pressures, we believe the increase of 2.4 per cent from the start of the new year is extremely modest.”

Volume sellers such as the Yaris and Corolla will be affected by as much as $800 and $750 per model respectively. While the Kluger (up to $1500) and Prado (up to $2000) are at the higher end of the increases.

Pricing of Australian built Camry and Aurion models will not be affected. Toyota’s full press statement can be read below.