Saturday, December 8, 2007

Maruti to increase prices across all models

Top car maker Maruti Suzuki India will raise prices across all of its car models from next month, reports agency sources.

The company will hike prices by up to Rs 12,000 in order to offset the rise in input costs and freight charges.

The company`s production facilities will be shut from December 24 to December 31 for maintenance. It has informed its dealers to plan their bookings in order to avoid hiccups.

Shares of the company gained Rs 0.95, or 0.09% to settle at Rs 1,042.25. The total volume of shares traded was 112,162 at the BSE. (Friday)

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