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.

As it was already reported, World’s Number 1 car maker GM’s India division has increased prices of its cars by 1-2 percent to compensate for risings costs.

“The price rises were to cover input costs and the impact of the weakening of the rupee last year”, Said Mr.P Balendran, Vice-President of General Motors India.