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Tata Motors to hike prices of Indica and Indigo
Sources close to company reported that plan to hike prices is to minimise the impact of rising input costs, particularly tyres. The price hike is expected to implement by Oct 2010.
Earlier in Sep 2010, Hyundai Motors also hiked the prices of its vehicles, Santro, Verna, i10, i20 and Sonata, by 1.2 percent. India's largest car-maker, Maruti Suzuki, also hiked the prices of all of its models, except the Alto, by up to Rs 7,500 in Aug 2010.
OneIndia News
Story first published: Sunday, September 19, 2010, 16:11 [IST]