Indian Cars Price Hike News & Updates

[visran]

Re: Updates of Price Hike on Indian Cars

GM India to hike prices across vehicle range from October 1 Following the suit of Maruti Suzuki and Honda, the American automobile maker General Motors has also announced that it would increase the prices across all its models from October 1. However, it is yet to decide on the quantum of increase.

The reports quoted ,” P. Balendran, Vice-President, GM India as saying “We have decided to increase the prices of all models due to high input costs, currency fluctuation and freight costs.” GM follows car market leader Maruti Suzuki and Honda, both of which had announced a price increase earlier this week citing similar reasons. The rising cost of diesel fuel has led to higher transportation/logistics costs across the industry.


GM India to hike prices across vehicle range from October 1 | WheelsUnplugged

 

[visran]

Re: Updates of Price Hike on Indian Cars

Renault India to hike Duster price by up to Rs 40,000 from Oct 1

"The price for Duster petrol variant will see a price increase by Rs 30,000 whereas the Duster diesel will see a prike hike by Rs 40,000," the company said in a statement.

The new prices will be effective from October 1, 2012. Duster has received 20,000 bookings since launch, it added.

The introductory price will be maintained for all the bookings made until the end of August 2012, delivered or not at the time of the price hike, the company said.

Commenting on the development, Renault India Managing Director Marc Nassif said: "Facing an increase in raw material prices and instability in foreign exchange, factors which are beyond our control, we had to increase the retail price of Renault Duster."

Renault India to hike Duster price by up to Rs 40,000 from Oct 1 - The Economic Times

 

[350Z]

Re: Updates of Price Hike on Indian Cars

Audi has announced a price hike upto 5% applicable from Jan 2013. Here’s an official statement:

The overall market scenario is challenging. The rise in input cost, depreciating rupee as well as continuous increase in fuel prices has made us re-evaluate our pricing strategy in India and increase the prices of the entire range.

Drive Safe,
350Z

 

[350Z]

Re: Updates of Price Hike on Indian Cars

Now Mercedes Benz has also indicated a price hike of all its models from Jan 2013:

“Significant level of cost escalations have been absorbed by us till now, but beyond a point we cannot continue to sustain such levels. We have made substantial investment in our India operations and are responsible for the growth of our employees and dealer partners. We aim for a sustainable profitable growth maintaining our premium appeal and hence, we are going to substantially increase the prices of all Mercedes-Benz cars from January 2013.”

Drive Safe,
350Z

 

[visran]

Re: Updates of Price Hike on Indian Cars

Maruti Suzuki to hike prices by up to Rs 20,000 from January

 

[nitin_k]

Re: Updates of Price Hike on Indian Cars

Honda announces up to 1.65 % price hike on Brio and City from January 2013

Honda Cars India Limited (HCIL), a completely owned subsidiary of the Japanese auto giant Honda Motor Company, has declared to increase retail costs of its Brio hatch and City sedan with effect from January 2013. The company has affirmed that the slated price hike of its two products will fall in the range between 0.8 per cent and 1.65 per cent. The Japanese auto maker is the latest in line of several top auto players, who have announced to hike prices of their entire or limited product portfolio marketed in the country. The list is getting regularly appended and so far includes the likes of Maruti Suzuki, Toyota Kirloskar Motor, Mahindra and Mahindra Limited (M&M), General Motors India, Mercedes Benz India and BMW India

At present, Honda Brio hatch is offered to domestic consumers at a price range between Rs. 4.15 lakhs and Rs. 6 lakhs, while Honda City sedan comes in a price bracket of Rs. 7.3 lakhs and Rs. 10.6 lakhs in the country. Accordingly, post the effective hike from January 1, 2013, Honda Brio hatch could see an excess cost addition in the range between Rs. 3,000 and Rs. 7,000. Similarly, Indian car enthusiasts could witness a price hike in a price range of Rs. 6,000 to Rs. 12,000 for their favourite sedan Honda City.

Interestingly, Honda Cars India has not revealed any intentions to increases prices of its less selling models like Jazz premium hatchback, CR-V compact Sports Utility Vehicle (SUV) and Civic luxury sedan. The Brio and City models are best selling products of Honda in the country, which is reason behind why the Japanese auto maker can afford to implement hike in their prices.

source Honda announces up to 1.65 % price hike on Brio and City from January 2013 | CarTrade.com

 

[visran]

Re: Updates of Price Hike on Indian Cars

Nissan India cars to become dearer from Jan 2013

Nissan India has today said that prices of its Indian line up of cars will be revised upwards effective January, 2013. The price increase is owing to a constant increase in input costs and unfavorable exchange rates coupled with inflation

 

[350Z]

Re: Updates of Price Hike on Indian Cars

New Year is the only time when this thread mostly comes alive. Renault India has also announced 1.5% price hike from Jan 2013 onwards.

Drive Safe,
350Z

 

[visran]

Re: Updates of Price Hike on Indian Cars

Audi Cars to Get Dearer By Upto Rs 3.69 Lakh From 1st January.

 

[visran]

Re: Updates of Price Hike on Indian Cars

Mini and BMW cars become dearer in a bid to maintain their premium automaker status (Disgusting move)

Mr. Philipp von Sahr, President, BMW Group India said, “The success of BMW Group India has always been built on long-term thinking and responsible action. We want to maintain sustainable leadership in the Indian market with a strong brand and an exceptional model range with unbeatable product substance. With the price increase BMW Group will maintain its premium positioning in the Indian luxury car segment.”

 

[Theferrarifan]

Re: Updates of Price Hike on Indian Cars

Honda announces up to 1.65 % price hike on Brio and City from January 2013....

Honda just hiked the prices in Nov! Are they stupid or what. Sales are falling and they are just increasing their prices.

 

[thenali]

Re: Monthly Discounts / Schemes on Indian Cars.

Fiat India has silently hiked prices of all its models by around Rs.15000.Check its website. Fiat India

 

[dharmesh]

Re: Monthly Discounts / Schemes on Indian Cars.

Fiat India has silently hiked prices of all its models by around Rs.15000.Check its website. Fiat India

Price hike was already there and was not hidden from prospect buyers, when me and a friend went to TATA motors for Punto on 29th Dec 2012, SE mentioned book before 1st Jan 2013, or else there is a price hike of 1.75% from FIAT.

 

[vijay]

Re: Monthly Discounts / Schemes on Indian Cars.

Price hike is confirmed for every single car from every single manufacturer from 1st Jan 2013, how much is yet to see from them.

 

[Knightrider]

Re: Updates of Price Hike on Indian Cars

Maruti will be hiking the prices of all their models tomorrow by up to Rs. 20,000. The average increase is of around 1.5%.

Source- SVP, NDTV Car N Bike show.