Maruti Suzuki raises vehicle prices

Jan 17, 2012 |

Reuters

mumbai

Tags:

Maruti Suzuki (MRTI.NS), India's top carmaker, has raised prices of all its vehicles by 0.3-3.4 per cent due to adverse foreign exchange movements and a rise in commodity prices, a company source told Reuters on Tuesday.

Domestic rivals of Maruti, 54.2 per cent owned by Japan's Suzuki Motor Corp (7269.T), such as Mahindra & Mahindra (MAHM.NS) and South Korea's Hyundai Motor Corp (005380.KS) have already raised prices citing rising input costs.

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