General Motors India, the Indian division of one of the world’s largest passenger car manufacturers has joined the long line of auto firms that are announcing a price increase across all its models.
The company said that prices of its model range will go up by up to Rs. 10,000 to help reduce the impact of rising costs of raw materials and inputs. P. Balendran, the Vice President of General Motors India, commented on the price hike by saying, “We plan to increase prices by up to Rs 10,000 across all our models from January 2014 to partially offset input cost pressure”. The price hike will come into effect in January, 2014.
General Motors India currently has 8 vehicles in the country under the Chevrolet banner – the Cruze, Beat, Captiva, Sail, Enjoy, Sail U-VA, Tavera and Spark.