Volkswagen to hike car prices from Jan ...Middle East

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Volkswagen to hike car prices from Jan
Mumbai: Volkswagen Passenger Cars India on Tuesday announced plans to hike car prices by up to 2 per cent across its model range owing to rising input and material costs. A Volkswagen spokesperson said: “While the Brand continues to absorb most of the input cost increase, however, some impact will have to be passed on to the end consumers.” The Volkswagen decision comes close on the heels of Maruti Suzuki as well as Mahindra & Mahindra having announced that they would be hiking vehicle prices. Home-grown auto major Mahindra & Mahindra on December 6 had announced that it would increase the prices of its passenger and commercial vehicles from next month. The company said it was raising prices

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