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Industry & Economy
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Cars
Maruti hikes prices
New Delhi, May 20
Citing rising input costs, Maruti has hiked prices on
its cars in the range of Rs 1,000-18,000 across all
models effective from Monday. The highest increase is on
Swift Diesel and Dzire, according to Maruti dealers.
Other companies would also firm up their plans on price
increase by the month end. Hyundai Motor spokesperson
said: "We would increase the prices by the end of this
month after we work out the model specific increase in a
day or two." GM Vice-President Corporate Affairs said
that the company is likely to increase the prices by 1 per
cent across all the models. Honda Siel Cars, which hiked
prices on City early May, however, said that it would
maintain value of its products at the same level. - Our
Bureau
Related Stories:
Maruti Suzuki’s drive dented by higher costs
Maruti not to raise prices for now; launches Swift DZire
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