Hyundai's India unit to hike car prices by up to 2 pct

Newswire

NEW DELHI, May 21 (Reuters) - Hyundai Motor Co's India unit will increase the prices of cars by up to 2 percent from the first week of June due to a rise in input costs, it said in a statement on Wednesday. On Monday, a dealer told Reuters that top carmaker Maruti Suzuki India Ltd had raised prices of most models by up to $353 (15,119 rupees). Top utility vehicle maker Mahindra & Mahindra , on May 10, raised prices by up to 2.5 percent, also citing input costs. ($1=42.83 rupees) ...

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