Maruti Suzuki India has announced the much anticipated price hike on their car models.
The company had to take this step to offset the rising cost of raw materials which makes it expensive for them to manufacture the cars.
The price hike is variable and range from around Rs. 1000 on Zen Estilo to Rs. 15000 on Maruti Swift Diesel.
They have however avoided raising the price of their Grand Vitara model which is struggling to sell in the Indian market.
They have also stopped selling the Swift DZiRE Diesel model at its introductory price.
Incidentally, the prices of car models were dropped after the budget announcement which gave the company tax benefits on small cars.
Source: http://business.techwhack.com/3747-maruti-price-hike
The company had to take this step to offset the rising cost of raw materials which makes it expensive for them to manufacture the cars.
The price hike is variable and range from around Rs. 1000 on Zen Estilo to Rs. 15000 on Maruti Swift Diesel.
They have however avoided raising the price of their Grand Vitara model which is struggling to sell in the Indian market.
They have also stopped selling the Swift DZiRE Diesel model at its introductory price.
Incidentally, the prices of car models were dropped after the budget announcement which gave the company tax benefits on small cars.
Source: http://business.techwhack.com/3747-maruti-price-hike
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