Jan 1, 2018 . Toyota Kirloskar Motor (TKM) has said it will hike prices by up to 3%, Honda Cars India by 1-2% and Skoda Auto India by 2-3% from January.

The country’s largest carmaker Maruti Suzuki India Limited (MSIL) today said the company is looking at raising prices across its range of models by up to 2% from January 2018 to offset the impact of rising input costs.The company currently sells a range of models, from hatchback Alto 800 to utility vehicle S-Cross with prices tagged between Rs2.45 lakh and Rs11.29 lakh (all prices ex- showroom Delhi).A spokesperson at the company informed, “We were absorbing the impact of small fluctuations till now. But with gradual increase in commodity prices we will have to pass on the increase to the customers from January…The prices would go up by up to 2% across the product portfolio from next month.” The quantum of price increase will vary based on the different models and fuel specifications.Earlier this week, Tata Motors too said it will increase prices across its range of passenger vehicles by up to Rs 25000 come next month due to rise in input costs. Rival Mahindra & Mahindra (M&M) also is planning a price hike in the range of 1.5-2% from