Maruti to raise car prices by up to 20,000 rupees

Tue Jan 15, 2013 3:11pm IST

A worker unloads an A-Star car from a container at a Maruti Suzuki stockyard on the outskirts of Jammu 23, 2012. REUTERS/Mukesh Gupta/Files

A worker unloads an A-Star car from a container at a Maruti Suzuki stockyard on the outskirts of Jammu 23, 2012.

Credit: Reuters/Mukesh Gupta/Files

Related Topics

Stocks

   

REUTERS - Maruti Suzuki(MRTI.NS) will raise its car prices by up to 20,000 rupees, a company spokesman said, the second hike in four months as India's biggest car manufacturer grapples with rising costs and a weak rupee.

Many carmakers in India, including the local units of General Motors Co (GM.N) and Hyundai Motor Co, have hiked prices in recent months despite a slowdown in car sales, as rising costs threaten margins.

(Reporting by Henry Foy in Mumbai; Editing by Anand Basu)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

School Shooting

School Shooting

Two killed, four wounded in Washington state school shooting.  Full Article 

Sundar Pichai Elevated

Sundar Pichai Elevated

Google's Pichai to oversee major products and services.  Full Article 

Need For Reforms

Need For Reforms

Euro zone risks "relapse into recession" without structural reforms - Draghi.  Full Article 

Diwali Sales

Diwali Sales

Gold sales jump about 20 pct for Diwali - trade body  Full Article 

World Bank Rival

World Bank Rival

Three major nations absent as China launches W.Bank rival in Asia  Full Article 

Wal-Mart India

Wal-Mart India

Murali Lanka appointed as Wal-Mart India operations chief  Full Article 

Health Of Lenders

Health Of Lenders

25 European banks set to fail health checks - sources.  Full Article 

Special Report

Special Report

Why Madrid's poor fear Goldman Sachs and Blackstone  Full Article 

India Insight

India Insight

Kalki Koechlin on her role as a disabled girl in “Margarita, With a Straw”  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage