The average hike in the ex-showroom prices across models, starting from entry level hatchback Alto 800 to premium crossover S-Cross, is between Rs 1,000 to Rs 4,000, the company said in a statement.
Besides, the company has also hiked prices of its recently launched premium hatchback Baleno in the range of Rs 5,000 to Rs 12,000, it added.
The company currently sells a range a vehicles starting from entry-level car Alto 800 to premium crossover S-Cross, priced between Rs 2.52 lakh and Rs 13.74 lakh.
Baleno is priced between Rs 4.99 lakh and Rs 8.11 lakh (all prices ex-showroom Delhi).
Honda Cars India has already increased prices of its vehicles across models by up to Rs 10,000. Czech carmaker Skoda has also increased prices of its model range by up to Rs 33,000 from January 1.
Toyota Kirloskar Motor also raised product prices by up to Rs 31,500. Similarly, Tata Motors has hiked prices of its passenger vehicles by up to Rs 20,000 from this month.
Source : BS Motoring