Auto OEMs to hike prices in 2016

The common ground for the hike cited by all automakers was increase in input costs and following the industry trend.

Autocar Professional BureauBy Autocar Professional Bureau calendar 14 Dec 2015 Views icon4386 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Auto OEMs to hike prices in 2016

Skoda Auto India and Nissan Motor India have joined the bandwagon of auto OEMs to hike prices of their entire model range from January 2016.

Skoda today announced that the carmaker will increase from 2-3 percent across the entire product portfolio from January 01, 2016.

Also following suit was Nissan as all Nissan and Datsun models in the country will see a price hike of upto 3 percent from January 2016.

The above-mentioned hikes were preceded by revisions from Maruti Suzuki, which is set to increase Rs 20,000 across its models from January 2016; Hyundai Motor India, announcing a hike of Rs 30,000 across its range and Toyota Kirloskar Motors, whose entire model range will see revised prices of upto 3 percent.

The common ground for the hike cited by all automakers was increase in input costs and following the industry trend.

RELATED ARTICLES
Bajaj Auto launches new Chetak 3503 at Rs 110,000

auther Autocar Professional Bureau calendar29 Apr 2025

The Chetak 3503, with a claimed range of 155km, 63kph top speed and a slower charging time than its 35 Series siblings, ...

Hyundai walks the eco talk with biogas plant, material recovery plant in Gurugram

auther Autocar Professional Bureau calendar22 Apr 2025

Operational since October 2022, the facility targets sustainable waste management in Gurugram by undertaking scientific ...

Rajiv Bajaj reappointed MD and CEO of Bajaj Auto for five-year term

auther Autocar India calendar19 Mar 2025

Bajaj Auto’s Board of Directors has approved the re-appointment of Rajiv Bajaj as the company’s MD and CEO for another f...