Tuesday, April 10, 2007

Hike in automobile prices


It's that time of year when all automobile companies raise prices of their vehicles, reports CNBC-TV18. Hyundai Motor India has announced a raise in the preliminary price of its latest mid-size offering- the Hyundai Verna across both its diesel and petrol models. The price raising varies from Rs 3,500 for its base petrol model to Rs 10,000 for its diesel model.The increase, necessitated by increasing input costs and other inflationary forces, is in the range of 1 to 1.2% on the present price.

                

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