Indian Cars Price Hike News & Updates

[Nairrk]

Maruti Suzuki India To Hike Prices From January 2019

Maruti Suzuki India Limited will be increasing the prices of its models from January 2019. The reason is the increasing cost of commodities and high foreign exchange rates.

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[Akash1886]

ŠKODA AUTO India to increase prices from 01 January 2019​

› The price increase of up to 2% across the ŠKODA model range will be effective from 01 January 2019

› ŠKODA Finance introduces ‘Buy Now and Pay in 2020’ campaign

Mumbai, 10 December 2018:

ŠKODA AUTO India has announced an upward price revision across its model range by up to 2% from 01 January 2019. The Czech brand considered a price increment after reviewing its input and freight costs on both domestic and import frontage: an industry wide phenomenon.

Commenting on the revised prices, Mr. Zac Hollis, Director – Sales, Service, and Marketing, ŠKODA AUTO India Pvt Ltd said, “There has been a surge in the cost of our inputs for production due to significant volatility in the global commodity prices and foreign exchange rates in recent times. ŠKODA AUTO India has been absorbing these incremental costs all this while but is now considering a price increase of up to 2% with effect from 01 January 2019 across its model range.”

ŠKODA Finance has introduced ‘Buy Now and Pay in 2020’ campaign: a twelve month EMI holiday program for its customers who can also avail attractive schemes like 100% on-road financing, interest rates starting at 8.99%, special EMI packages, and benefits ranging from INR 60,000 to INR 1,00,000.

Regards

Akash

 

[Nairrk]

Renault To Hike Prices By 1.5 Per Cent Across Vehicles From January 2019

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French automaker Renault has announced that the company will be increasing prices across its vehicle range by up to ₹ 1.5 per cent in India, from January 2019. The price hike is being made to "partially offset the impact of increasing input costs and fluctuations in foreign exchange rates," the company said in a statement. With the price hike, Renault joins a host of auto manufacturers which have already announced hiking their vehicle prices for the new year. This includes Maruti Suzuki, Isuzu, Skoda and Toyota. Other manufacturers too are expected to announce price hikes in the coming days.

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[Mad_over_Mercs]

The Market although has faced an increase in prices, I'm pretty sure that for this lonth customers will get great discounts as it is a clearance period for 2018 mfg cars , to make way for the 2019 mfg cars,this is my opinion about the price hike, may vary from others!

 

[Nairrk]

Tata Motors price hike up to Rs 40k from 1st Jan – Nexon, Tigor, Hexa, Tiago

Tata Motors announced to increase prices of all their cars on sale in India. The price hike will come into effect from 1st Jan 2019. This will affect the entire range of cars on sale by Tata Motors. This includes Tiago, Tigor, Bolt, Zest, Nano, Hexa, Safari, etc.

Mr. Mayank Pareek, President, Passenger Vehicle Business Unit, Tata Motors, “The changing market conditions, rising input costs and various external economic factors have compelled us to consider this price increase. We are optimistic on maintaining our growth trajectory in the coming year on the back of our robust portfolio consisting of segment-leading products like TIAGO, HEXA, TIGOR and the NEXON.

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[Akash1886]

Official Press Release: Tata Motors to Increase Prices from January 01-2019

Regards

Akash

 

[Nairrk]

Nissan India To Hike Prices Of Its Cars By 4%

Nissan India has announced that it will hike the prices of its cars from January 2019 by 4 per cent. According to the company, the price hike was necessitated in the wake of the global commodity price increase and shift in foreign exchange rates. The hike will see Nissan and Datsun cars getting costlier in the country.

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[Nairrk]

Honda Cars to Increase Vehicle Prices from January 2019

Auto major Honda Cars India said it will increase prices of its entire model range from next month in order to partially offset the impact of rising input costs. The company, which sells a range of models in the country, including sedans Amaze and City, is currently working on the quantum of the price increase.

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[Nairrk]

Toyota Likely To Increase Prices Of Fortuner By Over Rs. 1.2 Lakh In January

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Toyota Kirloskar Motor has announced price hike of up to 4 percent across its domestic range and it will come into effect from Jan 2019

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[Akash1886]

Hyundai Motor India to hike prices from January 2019​

New Delhi, December 20, 2018:

Hyundai Motor India Ltd. (HMIL), the country’s largest passenger car exporter and second largest car manufacturer since inception today announced a price increase up to Rs 30,000 on account of increase in input costs. The new prices will be effective from January 2019 across all models.

About HMIL
Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company (HMC). HMIL is the second largest car manufacturer and the number one car exporter since inception in India. It currently has ten car models across segments – EON, All New SANTRO, GRAND i10, ELITE i20, ACTIVE i20, XCENT, VERNA, ELANTRA, CRETA & TUCSON. HMIL’s fully integrated state-of-the-art manufacturing plant near Chennai boasts advanced production, quality and testing capabilities.
HMIL forms a critical part of HMC’s global export hub. It currently exports to around 88 countries across Africa, Middle East, Latin America, Australia and Asia Pacific. To support its growth and expansion plans, HMIL currently has 491 dealers and more than 1,310 service points across India. In its commitment to provide customers with cutting-edge global technology, Hyundai has a modern multi-million-dollar R&D facility in Hyderabad. The R&D centre endeavours to be a center of excellence in automobile engineering.

Regards

Akash

 

[Nairrk]

Small Petrol/Diesel Car Buyers To Pay Rs. 12,000 As Green Cess

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Earlier there were some reports that government is planning to introduce an additional tax on petrol and diesel cars to promote electric vehicles and it turns out that the new rule will come into effect soon as NITI Aayog has recommended the government to add Rs. 12,000 as green cess for all new petrol and diesel-powered cars. The Green Cess collected will be used for the development, manufacturing and sales of electric vehicles.

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[Nairrk]

Maruti Suzuki hikes car prices for select models from today

New Delhi: Starting from today, you have to shell out more to buy Maruti Suzuki cars. India’s largest carmaker has announced a price hike of up to Rs 10,000 for select models, owing to the adverse impact of increase in commodity prices and foreign exchange rates, the company said in a press release. Maruti Suzuki did not specify which car models will become costlier post this price hike.

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[Nairrk]

Here is how Maruti increased the prices of their Cars:

Dzire ZXi+ - Rs.8870
Dzire ZDi+ - Rs.8930
Swift ZXi+ & ZDi+ - Rs, 8870 & Rs.8930 respectively
Alto K10 - Rs.7000
Alto & Omni - Rs.10000
Eeco - Rs.5000
Vitara Breeza - Rs.8930

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[Nairrk]

Toyota Hikes Car Prices By Upto Rs. 5.65 Lakh In India

Toyota increased the price across the portfolio from Rs. 9,500 for the Etios and goes all the way up to Rs. 5,65,000 for the flagship Land Cruiser LC 200

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[Nairrk]

Maruti S-Cross Prices Hiked By Rs. 3,000, Ciaz Prices By Rs. 5000

The Baleno’s Sigma and Alpha variants have seen price hike of Rs. 3,500 while the Delta and Zeta grades cost Rs. 6,000 dearer.

S-Cross sold in four variants has witnessed a price increase of Rs. 3,000 in the Zeta and Alpha variants while the entry-level Sigma and Delta carry on with the same pricing of Rs. 8.85 lakh and Rs. 9.97 lakh respectively. The Zeta’s price stands at Rs. 10.48 lakh and Rs. 11.48 lakh for Alpha following price hike (all prices ex-showroom, New Delhi).

The Ciaz Delta and Zeta petrol variants, along with Zeta and Alpha automatic petrol versions see price increase of Rs. 1,000 each. The noticeable price bump has been made on the Zeta and Alpha diesel variants by Rs. 5,000. They now cost Rs. 10.62 lakh and Rs. 11.02 lakh respectively (ex-showroom, New Delhi). Prices of all other variants of the Ciaz remain unchanged.

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