Maruti Suzuki to raise car prices from January 01,2016

 

Maruti Suzuki India Ltd, the nation's biggest carmaker by sales, plans to raise prices of its cars by up to 20,000 rupees ($300), starting Jan 1, to offset cost increases and unfavourable foreign exchange rates, a company spokesman said on Thursday Dec 10,2015

Maruti's move comes after its closest rival, Hyundai Motor Co's Indian unit, said it would raise the price of its cars by up to 30,000 rupees in January 2016