Maruti not to hike prices immediately
01 Mar 2007
New
Delhi: Maruti Udyog Limited says it has decided
not to immediately increase prices of its models to
recover the cess for higher education.
The
hike in car prices, on account of the cess, will come
into effect on March 15, 2007.
Speculation of duty cuts had led to consumers postponing
their purchases till after the Budget.
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