Car makers Maruti, Hyundai, Honda all set to increase prices

Nov 21, 2012: Car makers including Maruti, Hyundai and Honda after a buoyant festive sales are all set to increase the prices of their various models in the coming days. They have already started communicating this to the prospective customers and a hullabaloo is being created so as to improve the footfalls to the showrooms. This news comes at a time when Audi has already increased the prices last week. The car makers attribute the increase in prices to the increase in input costs and foreign exchange fluctuations. Though the market is ripe with news of an increase in prices of cars, there is still who believe that all this noise is being made to cash in on the phobia of customers who might advance their purchases for a better deal.