Steep price rise for cars after expiry of tax concession!

Updated: 08/Jan/2015 12:58:00 PM

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Car manufacturers have informed that they are set to revise the prices of their cars upwards.

The production tax concession for 2-wheelers & 4-wheelers expired on 31st December.

This is the reason for the proposed increase in car prices.

The rise in price may be between Rs. 10,000/- and Rs. 25,000/-.

General Motors has raised the prices between Rs, 15000/- and Rs. 61000/-.

Honda has raised the prices up to Rs. 60000/-.