Maruti Suzuki to raise car prices from January 1


NEW DELHI (TIP): Maruti Suzuki India Ltd, the nation’s biggest carmaker by sales, plans to
raise prices of its cars by up to 20,000 rupees ($300), starting January 1, to offset cost increases and unfavourable foreign exchange rates, a company spokesman said on December 10. Maruti’s move comes after its closest rival, Hyundai Motor Co’s Indian unit, said it would raise the price of its cars by up to 30,000 rupees in January.

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