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Isuzu Motors India to hike prices by up to Rs 1 lakh from Jan

Press Trust of India  |  Mumbai 

Japanese automaker Motors Tuesday said it will hike its vehicle prices in 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, 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.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, December 04 2018. 17:50 IST