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5 posters

    Maruti raises Prices of Some Cars

    anjan
    anjan
    anjan


    Posts : 384
    Location : Nagpur
    • Post n°1

    Maruti raises Prices of Some Cars Empty Maruti raises Prices of Some Cars

    Post  anjan 27th January 2009, 7:58 pm



    Source: yahoonews
    Maruti Suzuki India Ltd, India's top passenger car
    maker, on Tuesday raised the prices of some of its vehicles by 5,000
    rupees to 10,000 rupees ($102 to $204) due to increased input costs and
    foreign currency changes.
    The price of the A-Star, launched in
    November, rose by 10,000 rupees, while price of the petrol version of
    the Swift hatchback went up by 5,000 rupees from Tuesday, it said.
    Maruti is 54.2 percent owned by Japan's Suzuki Motor Corp.


    Yours Truly,
    Very
    natural that is. Whenever the govt reduces duties the gap is filled by
    price rises so that car makers pocket the money.The reasons cited are "increased input costs and
    foreign currency changes"    . This (increased input costs) translates into as always hike in prices of raw materials,labour costs, cost of fuel etc.
    Raw material-the
    price of steel has come down by more than 25 % and so also aluminium
    prices are falling in the international markets due to lack of demand.
    Labour costs- the workers are on the tenterhooks to save themselves from impending job cuts.
    Fuel Costs- crude oil is down at $ 37 per barrel.
    As far as foreign currency changes are concerned, the rupee has stabilised against the US dollar after a free fall.
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    zinam
    zinam
    zinam


    Posts : 650
    Location : Chennai
    • Post n°2

    Maruti raises Prices of Some Cars Empty Re: Maruti raises Prices of Some Cars

    Post  zinam 27th January 2009, 9:47 pm

    Ya, This is quite a expected move from Automobile Makers from a very long time.

    Not only maruti, It will be followed by Hyundai , GM & other Automakers also :)
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    Crazy cat
    Crazy cat
    Crazy cat


    Posts : 2587
    Location : Coimbatore
    • Post n°3

    Maruti raises Prices of Some Cars Empty Re: Maruti raises Prices of Some Cars

    Post  Crazy cat 28th January 2009, 9:52 pm

    Car makers often increase price for invalid reasons. They increase price before giving discount. They have never reduced the price genuinely, that is they increase it few weeks before the price cut and reduce it and make it par with old price and claim that they have reduced the price.
    But while increasing it, they just increase it. Price hike or reduction, the beneficiary is the car makers.
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    thackervijay
    thackervijay
    thackervijay


    Posts : 1812
    Location : Ahmedabad
    • Post n°4

    Maruti raises Prices of Some Cars Empty Re: Maruti raises Prices of Some Cars

    Post  thackervijay 29th January 2009, 11:41 am

    Its not just maruti, hyundai, honda,toyota all companies have raised their prices of different models, source TOI today, from 1.5K to 7k's .
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    Vibhor
    Vibhor
    Vibhor


    Posts : 2754
    Location : -
    • Post n°5

    Maruti raises Prices of Some Cars Empty Re: Maruti raises Prices of Some Cars

    Post  Vibhor 29th January 2009, 11:47 am

    Yes vijay, even Ford is also in the list. :)
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    thackervijay
    thackervijay
    thackervijay


    Posts : 1812
    Location : Ahmedabad
    • Post n°6

    Maruti raises Prices of Some Cars Empty Re: Maruti raises Prices of Some Cars

    Post  thackervijay 29th January 2009, 11:52 am

    yeah, cant understand on this financial crisis in market, when people feel of getting few benifits of price cut, they again get back on rising it, with giving it costings getting higher.two times a year they reduce the prices and four times they raise it.Not a good move. :x
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    • Post n°7

    Maruti raises Prices of Some Cars Empty Re: Maruti raises Prices of Some Cars

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