Maruti Suzuki to hike prices of all models
New
Delhi,
Jan
31:
Country's
largest
car
maker,
Maruti
Suzuki
Ltd
is
likely
to
hike
prices
across
all
models
by
Rs
2,000-
12,000.
''This
comes
in
the
backdrop
of
increasing
input
costs
which
has
been
affecting
its
margin,''
revealed
an
official
source.
Maruti Suzuki had released five new models last year, amid increased competition from domestic and foreign car makers. Maruti accounts for around 50 per cent of all passenger car sales in India, where robust demand is predicted to result in automobile sales tripling to three million units by 2015.
UNI
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Story first published: Thursday, January 31, 2008, 16:59 [IST]