Whoa, whoa, whoa! Back up that truck for a minute! Today's headlines have way too many car companies planning to hike their prices in the near future. While Hyundai will up the asking price on the Santro and the Accent (GLE) by Rs. 8000 and Rs. 6000 respectively from today, Maruti, Skoda India and GM are expected to follow suit with their own set of price hikes in January 2005.
Additional investments towards making their cars Euro III compliant and upward trends in the price of inputs (read steel) seem to have necessitated this move.
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