Planning a car this New Year? Prepare to burn a hole in your pocket as car prices may be hiked by Rs 1 lakh
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India’s largest selling car manufacturers While
Giving discounts during
“The company tries to absorb the commodity pressure, but multiple factors including higher discounts and the rupee's depreciation this time will compel it to increase prices,” RS
"We are planning to pass on from January maximum up to 2 per cent, and our pricing team is calculating how much each model's price will go up," said Kalsi. This is the second time that Maruti is increasing its fare in six months.
Carmakers such as Toyota,
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"Hyundai brands will have a price increase in January on account of the increase in raw material costs and the rupee depreciation. The increase will be across models in a bandwidth of Rs 4,000 to Rs 1 lakh,
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