Car Tip: From October 1st, Chevy Cars to Get Costlier : Automobile News - LatestCarsWallpapers.com

<img class="alignleft" style="margin: 8px;" title="General Motors Logo" src="http://www.carzy.co.in/blog/wp-content/uploads/2012/09/General-Motors-logo.jpg" alt="" width="136" height="136" />General Motors India announced that it will soon hike the price of its cars sold under Chevrolet badge from 1st of October 2012. The auto price hike is decided by almost every carmaker due to increase in input costs and currency fluctuation.

 
The Vice President of General Motors India, P Balendran stated, “The detail of boosting the car price is still being evaluated and we need to decide on this due to high input costs, currency fluctuation and freight costs. All our models will come in to the standard as the hike will come in effect from 1st October.”

 
From small car Spark to high-end sports utility vehicle Captiva, the complete auto range of General Motors will come under the price increase criterion ready to be implemented in the Indian market from next month onwards. The Spark starts from price Rs. 2.85 lakh and the range stretches from the same to Rs. 24.6 lakh for Captiva.

 
Maruti Suzuki and Honda have already announced the price increase and now General Motors India is following the footsteps with many more to join the queue in the coming time. All are referring to rising manufacturing costs and fluctuation in currency rates as the basic reasons to make their cars costlier during the fast approaching festive season.

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Posted in: Automobile News