India's biggest car maker, Maruti Udyog, 54.2%-owned by Suzuki Motor, on Tuesday raised prices of some of its cars by 500-5,000 rupees ($US11-$107), or 0.17-1.47%, citing higher raw material and freight costs.
India’s biggest car maker, Maruti Udyog, 54.2%-owned by Suzuki Motor, on Tuesday raised prices of some of its cars by 500-5,000 rupees ($US11-$107), or 0.17-1.47%, citing higher raw material and freight costs.
But Maruti said it was only passing on a portion of the cost increases to consumers, according to Reuters. The price increase is effective from today, 1 August.
Maruti reportedly said prices of the Swift, Zen, Wagon R petrol and Baleno Vxi models remain unchanged.
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