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New cars, SUVs increase prices in January 2023



Rising commodity prices and transportation costs are the main reasons for the upcoming price hike.

Kia, Maruti Suzuki, Tata and Audi have announced price increases for their models from January 2023. All automakers cite rising commodity prices as the main reason behind the price hikes. .

  1. Kia will raise prices across the entire range up to Rs 50,000
  2. Automakers are also citing upcoming RDE standards as a reason for the price hike

Maruti Suzuki

Maruti Suzuki confirmed that it will raise prices for its entire product line. However, the price increase will vary depending on the model. In addition to the increase in commodity prices, Maruti Suzuki said the price increase is also due to regulatory requirements from the government, which also increases cost pressure. Currently, Maruti Suzuki’s product line includes Alto, Alto K 10, Baleno, Brezza, Celerio, Ciaz, Dzire, Ecological, Ertiga, Grand Vitara, ignition, S-Presso, Fast, CHEAP prescription and XL6.

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that will increase the price of its entire product line by up to Rs 50,000 from January 2023. The Korean manufacturer also cited increasing freight and freight costs as the reason for the price increase. This increase will be applied to all bookings made after December 31. Currently, it has carens, Carnival, EV6, Seltos and sonet in your investment portfolio.

tata

With the increase in commodity prices, tata also stated that their vehicles meeting the upcoming RDE standards will also be a factor in their portfolio prices skyrocketing. It is currently selling the replace, Eagle, Nexon, Nexon electric car, punch, The hunt, tiago, Tiago . tram, Tigor and Tigor tram.

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The German carmaker will increase the price of its entire product line by up to 1.7% and give the same reason as increasing input and operating costs. Its lineup currently includes A4, A6, A8L, Q3, Q5, Q7, Q8, S5 sports againRS5 Sportback, RSQ8, e-tron, e-tron Sportback and electronics GT.

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