Tag: price increase

General Motors India hikes car prices by upto Rs. 61,000/-

Like other car manufacturer, General Motors (GM) India too has hiked the prices on account of higher excise duty, increased cost of inputs and currency fluctuations. The price hike with immediate effect on Chevrolet vehicles built in India ranges from approximately Rs 15,000 to Rs 61,000, depending upon the various models and variants Starting with the entry-level Spark …

Hyundai India issues range-wide price increase

Hyundai Motor India Ltd. (HMIL) has announced the price increase for its entire line-up, with immediate effect. Hyundai Motor India hikes prices across all models. Commenting on the price hike, Mr. Rakesh Srivastava, Sr. Vice President, Sales and Marketing said – “In these adverse market conditions, the price increase is necessitated on account of the higher excise duty …

Nissan India up to 4% price hike from January-2014

Nissan recently announced price increase across the range of vehicles on-sale in India to minimize the impact of rupee depreciation and escalating input costs. The price increase ranging from 2% to 4%, will be effective from January 2014. The price increase will impact the purchase price of its premium hatchback Micra, sporty Micra Active, mid-sized sedan Sunny, MPV Evalia …

Bajaj Auto hiked KTM Duke 200 prices by Rs. 8,000

India’s second largest two wheeler manufacturer, Bajaj Auto has further increased the price of KTM Duke 200 by Rs 8,000 and this is not the first hike in price. The Duke 200 was launched with an introductory price tag of Rs 1.17 lakh (ex-showroom Delhi) but was hiked by Rs 3,500 after some time. And recently revised price …