Maruti Suzuki India Biggest Car Producer

Maruti Suzuki NEWSMaruti Suzuki India biggest car producer, has grown costs by up to 2.4 per cent throughout all but one-model from Jan-17, a firm official mentioned on Friday.

Price raises were in between Rs 1,000 to 10,000 the official said, including that there was no surge in the cost of their Alto K10 variant.

Auto producers are increasing prices to counter growing input costs, primarily those of steel as well as rubber. Mahindra & Mahindra as well as Tata Motors, producer of the world’s lowest priced car, mentioned this month they would raise prices.

Car sales in India increased a record 31percent in 2010 driven by a growing middle-class in Asia’s 3rd-largest economy, but pace of development is anticipated to slow this year.

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