Mayank Pareek

  • Maruti to hike prices of all models by up to Rs 10,000 from October September 25, 2013

    Maruti Suzuki India, country's largest car maker, on Wednesday said it will increase the prices of its entire range of models by up to Rs 10,000 from October first week, mainly due to depreciation of rupee. "We have been wanting to raise the price for some time as our input costs...
  • Maruti to increase car prices by up to Rs 20,000 December 6, 2012

    New Delhi: The country's largest car maker Maruti Suzuki India on Thursday said it will increase the prices of its vehicles across all models by up to Rs 20,000 from January due to increasing pressure on its margins due to currency fluctuation. "There will be a hike in the prices...
  • Maruti to hike car prices within a week September 24, 2012

    New Delhi: Country's largest car maker Maruti Suzuki India on Monday said it will hike prices of its vehicles by within a week in order to offset impact of adverse foreign exchange fluctuation and rising input costs. "There is a lot of pressure on our margins due to the foreign exchange...
  • Maruti hikes prices of cars by up to Rs 17,000 March 25, 2012

    New Delhi: The country's largest carmaker Maruti Suzuki India (MSI) has increased the prices of its vehicles by up to Rs 17,000 following the hike in excise duty in the Budget. The increase in prices will affect the company's models ranging from small car M800 to mid-sized sedan SX4. "There has been...
  • Why India's best CEOs are not running scared February 15, 2012

    Mayank Pareek won't forget the crisis of 2008 in a hurry. In November that year, less than two months after the infamous Lehman Brothers crash, India's biggest passenger car maker, Maruti Suzuki, felt its blow straight in the jaw. By the end of that month, it suddenly lost a quarter...