Indian Cars Price Hike News & Updates


#107
carfreak

carfreak

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Re: FIAT increase price?

Update: the Sales guy told its due to 0.5 % cess on base price. However could not extract further details as he was in a meeting! If this news is true, then increase should be just to the extent of @ 3.5k

Try to confirm the same with other dealers as well!
 
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#108
basis

basis

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Re: FIAT increase price?

Dear carfreak,

Thanks a lot for your prompt reply.

I am waiting for reply from other dealers. FIAT call center also have not update on this.

Anyway, do you have a punto? How is Addya Motors? Can we have a take over the phone right now?
 
#110
basis

basis

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Re: FIAT increase price?

Dear,

IT is really nice and helpful to talk to you!

Thx to this forum too for giving me such nice friends.

Well, I think Addya is out of the race as they have not called me again.

I spoke to prerana and concord , and both said no price hike for my quotation till this month.

Best regards,
 
#111
dharmesh

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Re: FIAT increase price?

basis said:
Dear,

IT is really nice and helpful to talk to you!

Thx to this forum too for giving me such nice friends.

Well, I think Addya is out of the race as they have not called me again.

I spoke to prerana and concord , and both said no price hike for my quotation till this month.

Best regards,
Click to expand...
Thats nice then, go ahdead and book the beauty .[clap]. You surely wont regret your decision now. [:D]
 
#112
basis

basis

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Re: Updates of Price Hike on Indian Cars

What is the latest VAT rate in Bangalore for this month ? 14% or 14.5%?

Need urgent confirmation.
 
#115
R

rahul_s

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Toyota to hike prices by 1.5%

The Hindu : Business / Companies : Toyota to hike prices by 1.5%

SECOND HIKE

This is the second hike since June by Toyota’s Indian subsidiary, Toyota Kirloskar Motor (TKM). It had earlier raised the prices by up to 1 per cent. “The rupee depreciation has hit us very badly and it is affecting our margins. We are forced to pass on the burden partially to our customers,” (TKM) Deputy Managing Director (Marketing) Sandeep Singh told PTI.

“Although we have not finalised the quantum of the hike, it will be around 1.5 per cent,” he added.
Click to expand...
One year back, the price of an Etios VD model was 7.4 lakhs exshowroom. One of the websites lists the current price of the same model as 7.8L. Another 1.5 percent will make it 7.9 L. Phew!
 
#120
nitin_k

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Honda to hike prices by up to 2.6%, Maruti to follow soon

New Delhi: Ahead of the festive season, Honda Cars India today announced plans to hike vehicle prices, a step which Maruti Suzuki will follow suit within a week.
The companies cited rising input costs and impact of adverse currency movements as the reasons for the price hike.

Honda Cars India will raise the prices of its three models -- Brio, Jazz and City -- by up to 2.6 per cent with effect from October 1, mainly due to rising input costs.

"Honda Cars India Ltd today announced an increase in the price of its volume models - Brio, Jazz and City -- in the range of 0.2-2.6 per cent on their current price," the company said in a statement.

The revised prices will be effective from October 1, 2012, it added.

"The prices have been revised due to the rising input costs, inflationary pressures and increase in freight as a result of the increase in diesel prices,"the company said.
The existing prices of the small car Brio is priced between Rs 4.05 lakh and Rs 5.23 lakh. The premium compact car Jazz is offered at Rs 5.85 lakh to Rs 6.41 lakh.

The company currently sells its flagship sedan City at Rs 7.25 lakh to Rs 10.46 lakh. All the prices are as per Honda Cars India's official website and are for ex-showroom, Delhi.

Similarly, the country's largest car maker Maruti Suzuki India said it will hike the prices of its vehicles within a week in order to offset impact of adverse foreign exchange fluctuation and rising input costs.

"There is a lot of pressure on our margins due to the foreign exchange fluctuation and rising input costs. We will be increasing product prices within a week but the details are being worked out," Maruti Suzuki India (MSI) Chief Operating Officer (Marketing and Sales) Mayank Pareek said.

The company sells arange of models starting with the M800 to the luxury sedan Kizashi, which are priced between Rs 2.04 lakh and Rs 17.5 lakh (ex-showroom Delhi).
Earlier in the day, MSI said that in order to counter the impact of adverse currency movement, it is targeting to reduce its forex exposure by nearly 65 per cent to USD 600 million by March 2015 for which it is working with its vendors to reduce imports.

Besides, the company is looking out for new markets to increase exports of its products to mitigate impact of unfavourable foreign exchange fluctuation.

The company's plans to hike product prices comes at a time when it is gearing up for the upcoming festive season with the launch of its all new Alto 800 next month.

source :Honda to hike prices by up to 2.6%, Maruti to follow soon
 
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