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Maruti Suzuki to hike prices of all models


New Delhi, Jan 31: Country's largest car maker, Maruti Suzuki Ltd is likely to hike prices across all models by Rs 2,000- 12,000. ''This comes in the backdrop of increasing input costs which has been affecting its margin,'' revealed an official source.

Maruti Suzuki had released five new models last year, amid increased competition from domestic and foreign car makers. Maruti accounts for around 50 per cent of all passenger car sales in India, where robust demand is predicted to result in automobile sales tripling to three million units by 2015.

UNI

Car sales rise, 2-wheeler sales dip in April '07

New Delhi, May 10: On the back of hardening interest rates, automobile sales in the domestic market and exports grew 11.81 per cent during April with two and three-wheelers posting a decline in sales.The cumulative sales of passenger vehicles stood at 1,05,962 units as compared to 94,771 units sold in the corresponding month last year, Society of Indian Automobile Manufacturers (SIAM) said today.The two-wheeler sales fell 5.95 per cent at 5,70,381 as compared to 6,06,495 units. Three-wheelers recorded.....
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