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Thursday, February 4, 2010
Maruti increases prices of its models
Maruti Suzuki, India’s largest car maker raised prices of its models by an estimated up to Rs 10,000 to recover the increase in input costs arising out of raw materials including steel. As per the current on road prices of various models the raise would range between Rs 100 to as high as Rs 10,000 per car. Maruti Suzuki India (MSI) said in a statement that while the average increase in prices is of around 0.6 per cent, it varies from 0.12 per cent for the Ritz VDi at the lower end to 1.9 per cent for the Dzire LXi models but did not share the hike in rupee terms.