Maruti, Hyundai, Audi, BMW, Mercedes hike vehicle prices
2 weeks, 3 days ago

Maruti, Hyundai, Audi, BMW, Mercedes hike vehicle prices

Deccan Chronicle  

Pune: Maruti Suzuki, India’s biggest car maker and its archrival Hyundai have announced hike in prices of their cars by up to 4 per cent and by Rs 25,000 respectively from January 1. Hyundai, the Korean car maker, said it would increase prices across its model range effective from January 1 and the price increase has been necessitated owing to an increase in input costs, adverse exchange rate and increase in logistics costs. BMW India too, recently announced a price hike of up to 3 per cent across its entire model range, effective January 1. Similarly, the two-wheeler arm of BMW Group – BMW Motorrad India also said it will increase prices by up to 2.5 per cent across the model range from January.

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