General Motor India will raise the prices of its car by 1-2 percent from January 9, 2009. The company has blamed rising input costs and weakening rupee for the decision.
The company’s sales rose by 9.5 percent at 65,702 units in 2008 compared to the year 2007. GM has not setup a target for 2009 because [...]

Car makers are coming up with desparate measures to revive slagging sales which have taken a hit everywhere. India’s second largest car maker Hyundai has cut the prices by upto Rs 33,000 in a bid to boost the depressed automobile market. The comapny is also offering other benefits like free insurance and exchange bonus.
The prices [...]

 
Honda is all set to hike prices accross the range by Rs. 10,000 to a whopping Rs. 1.5 Lakhs due to increased production costs as a result of depriciating rupee and  expensive raw materials.
“Many of the parts are imported and the rupee’s depreciation has made them expensive . Thus, we will be revising car prices [...]