New Delhi: Giving in to rising input cost pressures, the country's largest carmaker by sales, Maruti Suzuki India has increased prices of its vehicles by up to Rs 8,000 across models, except its newly launched compact car Alto K10.
"Yes, we did increase the prices on January 17 ranging between 0.5 per cent and 2.2 pr cent," said Maruti Suzuki India Managing Executive Officer (Marketing and Sales) Mayank Pareek.
Except the new hatchback Alto-K10, the price hike will translate into an increase of price between Rs 1,000 and Rs 8,000 across different models made by the company.
The company had in December last year said it would increase prices during January as the rising input costs, especially that of commodities have become unbearable....more
04:23 PM, Jan 21, 2011