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Various automobile companies have announced an increase in the prices of their vehicles from the 1st of April, 2010. This decision came as the new Bharat Stage emission norms come into effect from April 1st and the new automobiles that would be hitting the roads soon will require modifications to be compliant with the latest BS-IV norms.
Car majors like Hyundai Motors will increase the prices of diesel vehicles by 3% and prices of petrol run cars by 1.5%. General Motors, has made it clear that the company would be hiking the prices by 1.5% and the hike in prices will vary between Rs 600 and Rs 11,000."
The other auto companies who are increasing the prices of the vehicles include Tata Motors, Toyota Kirloskar Motor and Skoda Auto India. Tata Motors though has not announced any hike yet, but has also made it clear that there will be an hike in the products but at the right time. Toyota Kirloskar Motors will increase the prices between 1% and 3%.
While every automaker is announcing the price hike in vehicles, India's most popular automaker Maruti Suzuki has no plans at present to increase the rates of its products.
Car majors like Hyundai Motors will increase the prices of diesel vehicles by 3% and prices of petrol run cars by 1.5%. General Motors, has made it clear that the company would be hiking the prices by 1.5% and the hike in prices will vary between Rs 600 and Rs 11,000."
The other auto companies who are increasing the prices of the vehicles include Tata Motors, Toyota Kirloskar Motor and Skoda Auto India. Tata Motors though has not announced any hike yet, but has also made it clear that there will be an hike in the products but at the right time. Toyota Kirloskar Motors will increase the prices between 1% and 3%.
While every automaker is announcing the price hike in vehicles, India's most popular automaker Maruti Suzuki has no plans at present to increase the rates of its products.
2 comments:
increasing price may effect sales
Why don't they manage this small changes by making budget & time management perfect to increase the internal resources efficiency? Every time when ever small change came into effect every automaker line up for increase in price.
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