Web Sify
Follow us on
Mail
Print

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

Source : REUTERS
Last Updated: Tue, Jan 15, 2013 10:03 hrs
A worker unloads an A-Star car from a container at a Maruti Suzuki stockyard on the outskirts of Jammu

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.


More from Sify:
blog comments powered by Disqus
talking point on sify finance