Increase in Car prices from 1 August 2018

Increase in Car prices from 1 August 2018

Increasing petrol and diesel in India is not taking the name to stop. In this case, its direct effect is seen in the other things of the market. Along with this, its effect is visible in the automobile market of India. Many automobile companies are going to increase the price of their cars since August 1. Mahindra, Hyundai, Honda and Tata Motors are the names of many big companies which are going to pass on the increased prices to consumers. Mahindra & Mahindra has decided to increase the prices of its cars by 2%, due to which the prices of many cars can be seen upwards to Rs 30 thousand.
Along with this, Hyundai has increased the price of its bestselling car Grand I10. At the same time, Tata Motors and Honda have also increased the prices of their cars to some extent.
Honda cars cost dearly for 35 thousand rupees
Honda has decided to increase the prices of all its cars. The increase in the prices of the company has led to the increase in customs duty and freight charges. This decision of the company can now see the hike in the prices of Honda cars from 10 to 35 thousand rupees.


Tata Motors also raised the price
Tata Motors has also decided to increase the prices of its cars. The company has decided to increase the prices of each of its models by 2.2% on August 1. The company has decided to increase the prices of its passenger vehicles. The company has increased prices of its vehicles for the second time this year.

Even before this, the company has increased its passenger vehicles prices by up to Rs 60,000 in India.


Hyundai car expensive too
Hyundai Motor India has increased the price of its best selling car Grand I-10 by 3%. The Delhi X showroom price of this car ranges between Rs 4.73 lakh and Rs 7.51 lakh. In addition to increasing the prices of cars, customs duty with input cost is stated to be the reason.
The company is in the process of launching a new model of Grand I-10 next year. The car has a 1.2-liter petrol engine with 83 horsepower and a 1.2-liter diesel engine with 75 hp power.


Mahindra's cars also cost dearly for 30 thousand rupees
Mahindra & Mahindra has also increased the prices of its cars by 2%. Due to this, now the prices of Tata's cars will increase by up to Rs 30,000. Recently, the company has launched an upgraded XUV 500 upgrade model in the Indian market. The company is known for its strong and vigorous vehicles.
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