General Motors India has declared to raise prices of its locally produced vehicles by up to 2% with effect from January 2016 to effect of rising input costs and foreign money exchange fluctuations. General Motors India will raise prices of locally manufactured Chevrolet vehicles by up to 2% relying on different models and variations with effect from January 2016 to effect of rising input costs and foreign money exchange fluctuations.
General Motors India sales a scope of locally created vehicles beginning from the entry level car Beat to the sedan car Cruze with costs rang between Rs 4.2 Lac and Rs 16.85 Lac ex-showroom price in Delhi. Hike prices are not relevant to the Company's newly launched premium sports utility vehicle Trailblazer. The vehicle as a totally developed unit from Thailand comes to India.
Maruti Suzuki India also had declared that Maruti would hike costs of its cars by up to Rs 20,000 from the next upcoming month. Different auto car makers like Hyundai Motor India, Toyota, Mercedes Benz and BMW have already declared a hike in costs of their vehicles across models from January 2016.