By Manoj Kumawat
Audi India, the Indian division of German car maker has announced to hike the prices of its flagship in Indian car market from May 1, 2014. This hike will be up-to three percent. Answering the reason of price hike sources of Audi said that in current scenario as an impact of regular fluctuations in value of rupee as compared to Dollar, it.... [Read More]
By Kamal Swami
Couple of weeks all major car making companies existing in Indian car market have announced to cut the prices of their vehicles as an impact of decline in excise duty declared by the Honorable Finance Minister of India in interim budget. Now just after couple of weeks all companies have said that they are going to hike the prices of their.... [Read More]
By John Andrew
Mahindra & Mahindra, Honda Cars India and Tata Motors are looking to increase prices of their models from next month, mainly to offset higher input and operational costs. "We are actively contemplating increasing the prices of our vehicles in April due to increase in input and operational costs," Mahindra & Mahindra Chief.... [Read More]
By John Andrew
Following the surprise reduction in excise duty on Monday, carmakers have decided to pass on the benefits to customers by dropping prices, a move they hope will lift their fortunes at the fag end of the fiscal after a year of gloom and dismal sales. The biggest relief came from Maruti Suzuki that controls more than 40 per cent of the 2.6.... [Read More]
By John Andrew
Hyundai Motor India Ltd. (HMIL), the country’s largest passenger car exporter and second largest car manufacturer has announced that it will pass in the full reduction of excise tax benefit to customers in India. The price deduction benefit will be applicable to all the models from Eon to Santa Fe. Commenting on the passing.... [Read More]
By John Andrew
Following the blind race of hiking prices from coming year by all major car manufacturing companies, today General Motors India also joined the group by announcing to hike the prices of all vehicles sold under its flagship from January 1, 2014. According to sources of company the hike in prices will be up-to Rs. 10,000. Like other car makers.... [Read More]
By Kamal Swami
As reported earlier due to increasing cost of productions all major car makers including MSIL, Hyundai Motors, BMW, Audi, Mercedes Benz, Honda Motors etc announcing to hike the prices of their products from January 1, 2014, keeping existing economic conditions in concern without affecting much on the pocket of customers. This means that now.... [Read More]
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