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Why carmakers announce price increases towards end of the year
December 5, 2019 | By Livemint.com
business
The actual price increase in the price of the vehicles on the ground is usually quite negligible, said a Maruti Suzuki dealer.Competitors like Hyundai Motor India, Tata Motors Ltd, Mahindra and Mahindra Ltd and others are also likely to follow suit
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Indias largest carmaker Maruti Suzuki announced this week that it would increase prices of its vehicles in January, a practice that has almost become ritualistic for other car manufacturers as well. But analysts and industry watchers say that the annual exerc
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