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