Maruti Udyog increases prices of Cars

Maruti Udyog Ltd has announced that the prices of Company's cars are being revised effective from March 15, 2007 following the increased cess announced in the Union Budget 2007-08.

The increase ranges, between Rs 258/- and Rs 1017/- (Ex-showroom-Delhi prices) and is effective across all models and cities.

While the cess changes announced in the Union Budget 2007-08 came into effect from March 01, 2007, the Company had decided to maintain its ex-showroom prices at pre-budget levels for a fortnight. The Company's decision was keeping in mind customers who had postponed their purchases expecting certain taxes and duties to come down, in the Union Budget.

Source : Equity Bulls

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