Thursday, 24 February 2011
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Car Prices May Rise Up To Rs 25,000 Due To Higher Commodities Costs in India
Car companies are likely to raise prices by up to 2-3% next month, translating into an effective increase of around 10,000 for cars such as Maruti Swift , Hyundai i20 and Honda Jazz in India. The premium models like Toyota Camry or Skoda Superb will be costlier by over Rs 25,000. "There is immense pressure to increase prices as key commodities like steel and rubber have touched all-time high
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