• Welcome to OnlyTech community forums. If you are an existing member of our DreamDTH forums, please use the same login credentials to login here. Create a new account only if you are not registered at DreamDTH before. If you have trouble logging in, please let us know through the contact form.
  • Welcome to OnlyTech Forums
    An online community for the tech enthusiasts!
    Log in or Register

General Motors to hike car prices from Oct 1


10 Feb 2012
Reaction score
General Motors India said on Thursday it will increase prices of all its models from October 1 to offset the impact of rising input costs and currency fluctuation.

"The details, such as quantum of hike, are still being evaluated but we have decided to increase the prices of all our models from October 1 due to high input costs, currency fluctuation and freight costs," General Motors India vice president P Balendran told PTI.

The company sells a range of models starting from entry level small car Spark to the high-end sports utility vehicle Captiva in the Indian market.

The prices of the company's vehicles start at Rs 2,85,000 for Spark and go up to Rs 24.6 lakh or Rs 2.46 million (ex-showroom Delhi) for the Captiva.

General Motors India's move comes three days after Honda Cars India and Maruti Suzuki announcing plans to increase prices of their respective products.

Both Honda and Maruti had also cited rising input costs and impact of adverse currency movements as the reasons for the price hike.

Honda Cars India will raise the prices of its three models -- Brio, Jazz and City -- by up to 2.6 per cent with effect from October 1.

Similarly, the country's largest car maker Maruti Suzuki India had also said it would hike the prices of its vehicles within a week and it was working out the details.
Thread starter Similar threads Forum Replies Date
ramesh sky Why General motors (GM) failed in India! Cars & Bikes 7
Bapun Raz General Motors registers record saleas in May General Topics 0
OnlyTech.com Article Jio Platforms gets subscription amounts from L Catterton, PIF, Silver Lake and General Atlantic OnlyTech Articles Discussions 0
Maheswar Discussion SBI General Insurance new logo General Topics 0
Bapun Raz Discussion General discussions about advertisements General Topics 2
DJ Roy Discussion General discussion of telecom services of around the world Telecom Services 1
Sourav Bhadani General Discussion about Indian Smartphone Companies Mobiles & Accessories 7
OnlyTech.com Article General Atlantic invests Rs 6598 crores in Jio Platforms Telecom Services 1
Basil General Discussions on Hathway Broaband Broadband Providers 0
Basil General Discussions on Bharti Airtel Telecom Services 16
Basil General Discussions on ACT Fibernet Broadband Providers 1
Siva General Chat Thread Social Chat 83
Basil General Discussions about BSNL Broadband - FTTH Broadband Providers 0
Basil General Discussions on Airtel Xstream Fiber Broadband Providers 3
D General Discussions about Vodafone Idea Telecom Services 64
DJ Roy Discussion General discussions on satellite and digital rights of sporting events Sports 2
J Discussion General discussions and updates on Credit cards Online Shopping Discussions 43
DJ Roy Sad News World fears possibility of World War 3 as US President orders assassination of Iranian General General Topics 9
F Discussion Pakistan Super League 2020 | General Updates And Discussions. Sports 50
somnath chakraborty Discussion General Tennis Discussions, News & Updates Tennis 44
Bapun Raz Discussion Indian General Elections 2024 General Topics 12
DJ Roy Everything Gaming Thread - General discussion on gaming and consoles Gaming & Consoles 25
Z Seeking Help Please Suggest Decent Laptop for Normal Study & General Use, under 45K Computers & Hardware 22
Abhinav842 Discussion 2019 General Elections' Results - Updates & Discussions General Topics 443
ramesh sky Discussion General knowledge questions and answers General Topics 5
Similar threads

Top Bottom