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.

The recent worldwide economic crisis as we know, has had a severe impact on Automobile manufacturers. So severe that, Market leaders like Maruti have been forced to hike the prices of select models, before Diwali – during when they normally offer discounts! The rising steel prices has taken its toll on all car makers worldwide. So far, all companies had been trying to isolate the customer from the steel crisis,  [ Read More ]