Maruti and Hyundai Raise Prices

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Maruti and Hyundai both have decided to hike car prices starting from the month of January due to the increase in input costs. Speaking to the company representatives, they felt compelled to do so due to a increase in freight cost and other input costs.

Managing Director of Hyundai Motor India Ltd, said, “There has been an increase in the input and freight cost for car manufacturers. We have tried to absorb as much of the cost as we can.” Hyundai car prices have been raised by close to Rs. 2,500 - 3,500 in all variants.

Maruti have segmented the rise to various amounts depending upon the cost of the car. The Maruti Baleno will now be expensive by over Rs. 12,000 which is a pretty big rise. The new cars like the Zen Estillo and the new WagonR which were introduced at discounted prices will see a rise of about Rs.3,000.

Hyundai, Maruti February 2nd 2007

One Response to “Maruti and Hyundai Raise Prices”

  1. Makhanlal Harijan Says:

    Bought one Maruti 800 Ac on 30/11/2007.The car was delivered at a dirty condition in evenning time.After showing and make the complain to the sales personel and also through Maruti website no action has been taken till date.they have given a complain no.HT20071205_0000000306 and replied that proper action will be taken by the department concern.But till I am waiting.If anybody see this car ,the people will think Maruti is selling tyhe old car by painting and reconditiong of their True value cars and taking the price of the new one.

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