Indian car manufacturers has announced its plans to hike prices across its passenger vehicle range from 1 January 2019. This price hike is on account of the high prices of raw materials, input costs, fuel price increase, shift in foreign exchange rates and etc,. And, some more manufactures also will expect to announce the price hike soon.
Tata Motors has announced its plans to hike prices by up to Rs 40,000 across its range and it vary depending on the model and the city. Nissan and Renault also has announced its plans to hike prices across its models in India by up to 4 percent and 1.5 percent respectively from January 2019. And, Maruti also announce the price hike but no details about exact price.
Toyota and Isuzu also announced the price hike few days back. And, we will expect some more in coming days. Stay tuned to Mowval for more updates.