Top Story

e4m_logo.png

Home >> Marketing >> Article

Maruti hikes prices of all its models, hike ranges from Rs 1,500 to Rs 15,000

10-January-2006
Font Size   16
Share
Maruti hikes prices of all its models, hike ranges from Rs 1,500 to Rs 15,000

The year has not started on a happy note for those planning to buy a four-wheeler. Maruti Udyog Ltd has increased the prices of all its models with effect from January 09, 2006. The price hike varies from Rs 1500 for the Omni E van to Rs 15,000 for the Grand Vitara SUV.

Maruti had hiked the prices of its various models in October 2005 as well as following an increase in input costs and freight costs, which went up following the rise in oil prices.

The auto major had decided to pass on only a part of the impact of increase in freight costs and other input costs to the customers then and had indicated that another price revision might be undertaken in early 2006.

The company posted a growth of around 9.4 per cent in total vehicle sales from April 2005 to December 2005. Apart from Swift, which was launched six months back, Wagon R and Alto are the two models that did exceedingly well in 2005.

Tags

The production house has already established itself as the leader in the non-scripted genres. However, Rege now wants Endemol to achieve the same in the original scripted zone and film production

Naidu also talks about the ushering in of a new era of digital payments and says this is just the beginning and there’s lots of space for newer players to step in and evolve

Markus Noder, Managing Partner, Serviceplan International, shared innovative tools, ideas and methodologies to generate tangible business values

The primary reason that led to growth of OTT is the constant improvement of internet speed and service across the country: Sandeep Gupta, ACT Fibernet

India has become the diabetes capital of the world, with prevalence of the disease estimated to rise from 69.2 million to 123.5 million by 2040

Laban Stretchy Man, the new human shaped, stretchy, fruit flavoured chews from Orkla- Norway’s number one confectionery brand, has been launched and localized by MTR Foods in India