Maruti Cars Rate Hike | Maruti cars rate increased | Maruti Car Price Hike

Maruti Cars Rate Hike | Maruti cars rate increased | Maruti Car Price Hike |Maruti Cars Rate Hike | Maruti cars rate increased | Maruti Car Price Hike

Maruti raises prices between 1,100-9,000 rupees | Maruthi Increase the Care rates | Maruti Suzuki hikes car prices by up to Rs 9000 | Maruti Suzuki hikes car prices by up to Rs 9000 | Maruti car Price hike 2011, maruti increase price for all cars

Maruti Suzuki, India's largest car maker, has raised prices between 1,100 to 9,000 rupees ($25-$203) across all models, a company spokesman said on Tuesday, its second price increase in three months.

The increase, ranging from 0.2 percent to 2.4 percent for various models, is effective from April 4."The price increase is to partially cover rising input costs," the spokesman said. Maruti, 54.2 percent owned by Japan's Suzuki Motor, last raised prices in late January, by up to 2.4 percent across most models.

Maruti's models are priced between $4,400 and $18,400. The company had reported an 18-percent decline in third quarter net profit as higher royalty payouts and rising input costs weighed on margins.

Last week, Maruti reported car sales rose 28.2 percent in March.

Rival Tata Motors also raised prices on some of its passenger and utility vehicles effective April 1. ($1 = 44.4 rupees)

Maruthi Car Photos

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