Monday, November 14, 2011

Maruti hikes diesel car prices by up to 10,000 rupees

Maruti hikes diesel car prices by up to 10,000 rupees

Source - Maruti hikes diesel car prices by up to 10,000 rupees - The Times of India

Maruti Suzuki, India's top carmaker, has raised prices of its diesel models by 2,000 rupees to 10,000 rupees, a spokesman said on Monday.

For its Ritz hatchback, prices were raised by 2,000 rupees, while for other models, prices were raised by 10,000 rupees, the spokesman told Reuters.

Rising costs of many raw materials have dented carmakers' margins in India, forcing them to raise prices, further hurting demand already hit by high interest rates and fuel prices that are deterring potential customers.

P.S - Mods, please move the post to the New Car Price Thread if you deem appropriate.

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