Maruti to raise car prices by up to 20,000 rupees

Last Updated: Tue, Jan 15, 2013 10:03 hrs

Maruti Suzuki will raise its car prices by up to 20,000 rupees, a company spokesman said, the second hike in four months as India's biggest car manufacturer grapples with rising costs and a weak rupee.

Many carmakers in India, including the local units of General Motors Co and Hyundai Motor Co, have hiked prices in recent months despite a slowdown in car sales, as rising costs threaten margins.

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