Maruti Suzuki, Hyundai, General Motors cars to cost more!

Car Price Hike

Major auto manufacturers of the country have announced rise in prices of their cars this month. The spike in prices is associated with the rise in input costs and have been introduced to offset the same.

India’s biggest auto company, Maruti Suzuki India has announced a hike of upto Rs. 8000 on all its models except the Alto K10 small car.

“Yes, we did increase the prices from January 17, ranging between 0.5 per cent and 2.2 per cent,” tMaruti Suzuki India Managing Executive Officer (Marketing and Sales) Mayank Pareek told media.

Hyundai Motor India Ltd. has decided to increase the prices of all its cars including Santro, i10, i20 and Verna by 1.5 percent.

General Motors has revised prices by 1 percent to 1.5 percent.

“This would translate to an increase of price ranging between Rs 2,500 and Rs 15,000 across all models,” General Motors India Vice-President P Balendran said.

News courtesy: Economic Times

Share and Enjoy: