As we have already discussed that excise duties have seen an increment for all the cars present in the market. Also, duties on steel have been incremented by 2% to 7%. As a result all the manufacturers have signaled or have already increased prices of their cars:
Price Hike by Various Manufacturers:
- Toyota: INR 9,500 to INR 80,000
- Mahindra: INR 3,000 to INR 35,000
- Mercedes-Benz: INR 2,00,000 to INR 3,00,000
- Tata Motors: INR 3,000 to INR 75,000
- Honda: INR 4,000 to INR 70,000
- General Motors: INR 3500 to INR 80,000
- Maruti Suzuki: INR 4,000 to INR 70,000
Specifically, the following variants would be dearer by:
- Honda Brio – 7000
- Honda Accord – 60,000
- Toyota Etios Liva Petrol – Rs 95000
- Toyota Fortuner – 80,000
- Hyundai EON: 5,000
- Hyundai Santa Fe – 80,000
- Maruti Alto: 4500-6000
- Maruti Swift: 8000-11000
- Maruti Dzire: 8000-13000
- Hyundai Verna: 11500+
- Honda City: 12000-15000
- Toyota Corolla: 26000-35200
- Mahindra XUV5OO: 35000
- Mercedes C-Class: 1,50000
- Hyundai Santro: 5,000-6,000
- Mercedes C-Class: 1.5 – 2.0 Lakh
- Audi A4: 1.5-2.0 Lakh
- Mercedes S-Class: 5 Lakh
- BMW 7 series: 5 Lakh
By,
Saad Khan
Editor MotorBash
Note: Data compiled by various sources. All are approximated figures.
