General Motors India to hike car prices from Jan

Highlights

General Motors India has also announced its plan to hike prices of its locally manufactured vehicles by up to 2 per cent with effect from January to offset impact of rising input costs and foreign exchange fluctuations.

New Delhi : General Motors India has also announced its plan to hike prices of its locally manufactured vehicles by up to 2 per cent with effect from January to offset impact of rising input costs and foreign exchange fluctuations. "GM India will increase prices of locally built Chevrolet vehicles by up to two per cent with effect from January depending upon various models and variants, in order to partially offset rising input costs and foreign exchange fluctuations," a company spokesperson said in a statement.

Currently, GM India sells a range of locally produced vehicles starting from the entry level small car Beat to the sedan Cruze with prices ranging between Rs 4.2 lakh and Rs 16.85 lakh (all prices ex-showroom Delhi).

The price hike is not applicable to the company's recently launched premium sports utility vehicle Trailblazer. The vehicle comes to India as a completely built up (CBU) unit from Thailand. on Thursday, Maruti Suzuki India too had announced that it would hike prices of its products by up to Rs 20,000 from next month to offset rising input costs and unfavourable foreign exchange fluctuation.

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