Maruti to hike car prices from April 1

New Delhi: India's largest automobile manufacturer, Maruti Udyog, has said that it would raise the prices of all its models by two to three per cent from April 1. The hike is being attributed to the rising steel prices following this year's budget proposals.

The proposed raise will be in addition to new pricing announced by the company for switching its cars to Euro III emission norms in eleven cities and to Euro II in other parts of the country, said sources.