In a bid to battle the recent rupee devaluation and rising input costs, carmakers across India have hiked the prices of their models. Automobile majors like Renault, Honda, Audi and Maruti have already increased their car prices and Mahindra and General Motors are likely to follow suit soon.
Renault has apparently increased the prices of its recently launched Duster SUV by Rs 30,000 and Rs 40,000 for its petrol and diesel variants respectively. The Duster was launched at an introductory price of Rs 7.19 lakh (petrol) this July.
Following suit, Maruti Suzuki has increased the prices for all of its models by 1 percent (Rs 2,400-5000). Models like the Alto, WagonR and Estilo will be dearer by Rs 2,400 to 3,600 across variants, while you will have to shell out Rs 5000 extra for models like Ritz, Swift, Dzire, SX4 and Ertiga.
Honda Cars India has also increased the prices of its selected models by 0.2-2.6 percent. The Brio would cost Rs 1,000-13,000 while the Jazz will be dearer by Rs 1,400-15,800. The New Honda City price has also gone up by Rs 1,800-26,000.
Audi India has also increased the prices of its compact SUV, the Q3 by 1-2 percent.
Not far behind are carmakers like Mahindra & Mahindra and General Motors who are likely to increase their car prices in the following weeks, but there haven’t been a confirmation on this yet.
The new car prices in India are expected to induct surprising changes in car sales.