Maruti to hike prices by Feb 1

Monday, 29 January 2007, 06:00 Hrs
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New Delhi: India's leading car manufacturer Maruti Udyog Ltd (MUL) said it would hike prices up to 12,000 from Feb 1.

"We will hike the prices by up to 12,000 and we have informed all our dealers about this," Jagdish Khattar, chief executive and managing director of MUL, said on the sidelines of a conference organised by the Society of Indian Automobile Manufacturers (SIAM).

He said the hike would be on almost all the models, and refused to give any further details.

"We will put out a formal statement on this by Feb 1," confirmed a MUL spokesperson.

Source: IANS
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