Car prices News
Vehicles will be more expensive from June 1
6 per cent premium hikes on 15o cc bikes
Third party premium for new private car will have to be paid 23% more (up to 1000 cc)
Maruti Suzuki price rise planned for January 2022
Mercedes-Benz to hike price on select models by up to 2 per cent
Tata, Renault, Honda also mulling for a price hike
The price hike is effective from Friday, April 16.
Maruti Suzuki is currently selling15 models in its complete line-up.
Maruti Suzuki isn’t the only carmaker that has revised car rates.
As the month of April starts, almost everything is going to be expensive from milk to electricity to cars and bikes to air travel and smartphones.
Meanwhile, traveling by air is also going to be costlier as there would be a rise in the minimum fare for domestic flights by 5 percent.
Milk prices might increase, as the farmers have announced to increase the price of milk by Rs 3 to Rs 49 per litre.
The draft added that in case of delay in applying for renewal of certificate of registration, an additional fee of Rs 300 for motor cycles and Rs 500 for cars shall be levied.
Auto makers Hyundai, Mahindra and Honda on Friday announced price hikes of up to Rs 82,906 across their entire product range on account of new levies announced in the Union Budget.
Tata Motors on Tuesday increased prices of its passenger vehicles by up to Rs 35,000 with immediate effect to offset the impact of infrastructure cess proposed in the Budget 2016-17.
Car prices, including those of mass market small ones, are set to go up as Finance Minister Arun Jaitley today proposed to levy an infrastructure cess of up to 4 percent on various kinds of vehicles.
Amid rising costs and weakening of rupee against US dollar, India's leading car manufacturers such as Maruti, Hyundai, Toyota have announced a hike in prices of their vehicles by up to 3 percent from January 2016.
India's leading car manufacturers such as Maruti, Hyundai, Toyota are hiking the prices of their vehicles by up to 3 percent from January 2016, owing to the fall in rupee and the rising cost.
The hike in prices may come to adjust higher raw material costs and logistics costs. Hyundai Elite i20, Maruti Ciaz may cost more from their introductory launch prices.
Loading...