Toyota, Tata, Skoda🚘 hike⬆ prices 💰

  |   India News

Though most of the carmakers🚗 including Maruti Suzuki, Hyundai, General Motors India, Renault, Nissan, Honda, Mercedes-Benz and BWM,had announced a price hike⬆💰 from January, only Toyota, Tata Motors and Skoda have increased the prices of vehicles🚗 by up to Rs 33,000. The prices were hiked citing a rise⬆ in manufacturing costs. Officials of other manufacturers said they have not finalised the hike yet😯. Automobile🚗 industry observers say the practice of hiking prices at the turn of a year is mostly a tactic to push sales↗ to liquidate stocks after heavy discounting in festive season🎉 and before a model year change starts.

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