Indian Autos blog

India’s largest carmaker – Maruti Suzuki has yet again hiked the prices (since its last hike in October’08) of its cars by Rs 5,000-10,000 with effect from January 28, attributing it to higher input prices and foreign currency movement, which affects prices of imported components.

While prices of all variants of SX4 sedan has been hiked by Rs 9,000, the price of Swift Petrol LXi has now been revised upwards by Rs 5,000.

Honda recently made news with its massive price-cut on its Civic Hybrid, which was then taken back. Now, Honda plans to hike car prices across models starting from Rs 10,000 upto Rs 1.5 lakh with effect from January next year. The company blames the depreciation of the rupee against dollar and expensive raw materials.