With rising input costs and fluctuations in forex, luxury cars could see another vehicle price hike in the Indian automobile industry.
Luxury carmakers in the country recently undertook a price hike after the increase in import duties of 70 per cent in taxation up from 60 per cent on vehicles brought to the country as completely built units which were announced in the Union Budget.
“We might have to take another price increase as we go ahead in a couple of months. We took a…
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