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Maruti hikes prices of various models
Friday, March 16, 2007

India's top car maker, Maruti Udyog Ltd, said on Thursday it raised prices across models by up to Rs 1,017 ($23), following a 1 per cent additional tax imposed by the government.

The higher prices -- ranging from Rs 258 to Rs 1,017 across models - are effective March 15, Maruti, a unit of Japan's Suzuki Motor Corp, said.

The government, in its federal budget last month, imposed an additional 1 per cent levy on all taxes to fund secondary and higher education

Economic Times - 3/16/2007
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