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/-.