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Isuzu to hike prices by up to Rs 1 lakh amid increased costs


Devdiscourse News Desk Mumbai
Updated: 04-12-2018 17:58 IST
Isuzu to hike prices by up to Rs 1 lakh amid increased costs

The price revision, which is effective from January 1, has been undertaken due to the increasing input and distribution cost, the firm said in the statement.

Japanese automaker Isuzu Motors Tuesday said it will hike its vehicle prices in India by up to Rs 1 lakh from January next year to offset the increased input and distribution cost.

The increase is expected to be between 1-2 per cent for the commercial range and between 3-4 per cent for the lifestyle and adventure pick-up range, the company said in a statement. In India, Isuzu Motors currently sells adventure utility vehicle D-MAX V-Cross, the seven-seater premium SUV mu-X, and variants of D-max pickups (Regular cab s-cab).

The price increase will be in the range of Rs 15,000 to Rs 1,00,000 (ex-showroom) across models/variants, it said. The price revision, which is effective from January 1, has been undertaken due to the increasing input and distribution cost, the firm said in the statement.

(With inputs from agencies.)

COUNTRY : India