Maruti to hike car prices from January 2015

    Prices of all Maruti models set to go up by 2-4 percent.

    Published On Dec 17, 2014 07:00:00 AM

    9,279 Views

    Maruti to hike car prices from January 2015

    Maruti has announced that it will hike the prices of its India line-up from January 2015, in the range of two-four percent. The step is being taken in an effort to partially offset the impact of rising input costs.

    "We are planning to increase the prices in the range of two-four percent across our entire range of products from January. It was in October 2013 that we had taken our last price hike," Maruti’s executive director (Marketing and Sales), R S Kalsi told Press Trust of India. He also mentioned that the company had been bearing the impact of higher input cost for quite some time now, and did not hike the prices earlier owing to poor market conditions.

    This announcement from Maruti follows the recent announcement from Hyundai to hike prices by up to Rs 25,000 across its models and after BMW announced that they will hike prices of its India range by five percent, from January. A month before that, Mahindra and Tata also hiked prices of its India range.

     

    Copyright (c) Autocar India. All rights reserved.

    Comments

    ×
    img

    No comments yet. Be the first to comment.

    Ask Autocar Anything about Car and Bike Buying and Maintenance Advices
    Need an expert opinion on your car and bike related queries?
    Ask Now

    Search By Car Price

    Poll of the month

    The Mahindra XUV 300 facelift will be called the XUV 3XO. Should more brands rename models for facelifts?

    Yes, it could give new life to a slow-selling car

     

    13.50%

    Yes, but only if there are significant changes

     

    32.58%

    No, it's confusing and dilutes the brand name

     

    28.40%

    No difference, the product speaks for itself

     

    25.51%

    Total Votes : 933
    Sign up for our newsletter

    Get all the latest updates from the automobile universe