Maruti Suzuki raises vehicle prices
Maruti Suzuki, India's top carmaker, said on Saturday it has raised the prices of some of its models to recover the rise in input costs.
It said the price increases, effective immediately, varied from 0.12% to 1.9% with an average price rise of 0.6%.There was no increase in prices of its recently launched five-seater multipurpose vehicle Eeco, the petrol version of its Swift hatchback and its Gypsy utility vehicles, it said in its statement.
"For some models the increase in the costs are being absorbed by the company, in the light of market situation," it said.
Maruti, in which Japan's Suzuki Corp has a 54.2%, sells one of every two cars in India.