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India's Maruti considering raising car prices

Thursday, Jan 14, 2010
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KOLKATA, Jan 13 (Reuters) - Maruti Suzuki (MRTI.BO), India's top carmaker, is considering to raise prices of its vehicles in about two weeks time, a senior official said on Wednesday. Cyclical Consumer Goods "On the back of rising commodity prices such as steel and copper we are actively considering price increases across all our models in a couple of weeks," Commercial Business Head S.N. Burman told reporters. He did not reveal the extent of the price rise. Maruti had previously raised prices a year ago by about 2 percent, he said. (Reporting by Niladri Bhattacharya)

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