Cars price grow at Rs 6.8 lakh more from January 2016

Author yuvamind

Cars-price-grow-at-Rs-6.8-lakh-more-from-January-2016Car manufacturers in India are increasing the prices of their vehicles from Rs 10,000 up to Rs 6.8 lakh from January 2016. The price growth up to 3 % will come into effect January2016 and will eventually affect the buyers who are interested to purchasing a new car.
Hike amount list of vehicles are given below.
  • Maruti Suzuki India:India ' s leading car makers will hike prices across all models by up to Rs 20,000.
  • Hyundai Motors: The South Korean company announced a hike in the price of its vehicles by up to Rs 30,000.
  • Toyota Kirloskar Motor:The Japanese company will hike by a minimum Rs 10,000 while the upper hike will amount to about Rs 3.8 lakh.
  • Mercedes-Benz India: Mercedes car prices at Rs 27.5 lakh, the costliest amounts to Rs 2.7 crore. Hence, 2-3 percent hike would amount to a minimum of Rs 55,000 while the maximum hike will be Rs 5.4 lakh.
  • BMW India:Considering the range in the cost of its vehicles, the minimum hike would be around Rs 57,000 while the maximum hike would be about Rs 6.8 lakh, i.e. 3 percent of Rs 2.29 crore, the costliest of its vehicles.
  • GM India:Global leader is hiking the price of its vehicles in India by up to 3 percent or Rs 33,700.
  • Nissan:Nissan will hike the prices of their brand of vehicles in India by up to Rs 50,000 across all models.
  • Renault India:The fully-owned subsidiary of France ' s Renault SAS has also announced a maximum in the prices of their vehicles by up to Rs 50,000.
  • Skoda: Czech auto maker Skoda will also grow prices of its entire model range by up to Rs 50,000 from January.
  • Tata Motors:The Company is growing the prices of its entire entire passenger vehicle model by up Rs 20,000 from January.
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