Isuzu to hike vehicle prices by up to Rs 1 lakh from January

Isuzu Motors India said it will hike prices of vehicles to offset increasing input and distribution costs.
Launch of an Isuzu SUV in New Delhi. (File photo used for representational purpose only
Launch of an Isuzu SUV in New Delhi. (File photo used for representational purpose only

NEW DELHI: Utility vehicle maker Isuzu Motors India Tuesday said it will hike prices of vehicles by up to Rs 1 lakh from January to offset increasing input and distribution costs.

The prices of D-MAX pick-ups and mu-X SUV will be increased with effect from January 1, 2019, Isuzu Motors India said in a statement.

The price increase is expected to be 1-2 per cent for the commercial range D-MAX regular cab and D-MAX S-CAB, and 3-4 per cent for lifestyle and adventure pick-up, D-MAX V-Cross and mu-X SUV, it added.

"The price increase will be in the range of Rs 15,000 to Rs 1 lakh, across models and variants," the company said.

The increase in price is due to rising input and distribution costs, it added.

At present, the company's vehicles are available at a price range of around Rs 7.28 lakh to Rs 28.3 lakh (ex-showroom Delhi).

Last month, Toyota Kirloskar Motor had announced that it would increase prices of vehicles across models by up to 4 per cent from January 1, 2019, to offset increasing manufacturing costs due to rupee depreciation.

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