Car Prices set to Increase from January 2019. Maruti, Hyundai. Honda. Ford, Toyota to increase Prices
Date: December 5, 2018
Car Manufacturer set to increase Prices from January 2019 in India. A Price hike announcement done by Maruti, Hyundai, Honda, Toyota
Car Prices set to Increase in January 2019
With advent of New year comes New Wishes, New Plans but is also the news of Increased Prices
Car Manufacturer set to Increase Price in coming New Year, an announcement started coming from Manufacturers and the reasons been
» Rising Input Cost
» INR Depreciation against USD where in last 6 months INR fallen significantly against Doorla
The first news of Price hike came from Toyota where they announced price hike of as high as 4%. Its a steep price hike and all its Models - Etios, Yaris, Innova and Fortuner prices set to Increase. If Toyota does 4% price hike - this will make Fortuner dearer by almost a Lakh
Then is Isuzu which has also announced Price hike of upto 1 Lakh. Its means Isuzu Flagship SUV Isuzu MUX will get dearer by Rs 1 Lakh from January 2019
Now is announcement from Maruti Suzuki which came for a Price Hike. However, after witnessing Huge Discounts on Maruti Suzuki Car Range - its anticipated that the Price hike will rather be Mild to extent of 1% as against Steep Price hike expected in Toyota and Isuzu car range
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However, at the time of wiring - Official Price hike announcement came from Maruti Suzuki, Toyota and Isuzu been INR depreciated to extent of 5% in last 2 months against Yen
But - the Price Hike announcement likely to follow soon from
» Honda Car India
» Nissan + Datsun
» Domestic Maker - Tata Motors and Mahindra
» Hyundai India
» Ford India
» European Maker - Volkswagen, Skoda, Renault, Audi, BMW, Volvo and others
Also are the High Discount Schemes on Cars as in Year End 2019 likely to be reduced considerably in Jan 2019.