Ford Cars Price Hike: The year is coming to an end, where some automakers are offering discounts on their models. On the other hand, some companies are also planning to increase the price of their vehicles as the new year starts. It is reported that after Maruti Suzuki, Ford will also increase the price of its vehicles from the upcoming January.
According to media reports, the company can increase the price of its vehicles by 1 to 3 percent from the month of January. It is being told that the company is increasing the price of its vehicles due to increasing input costs. According to the information, the price of the company’s vehicles can increase from Rs 5,000 to Rs 35,000.
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Vinay Raina, executive director marketing sales and service, Ford India, has given this information to the media. He said that due to rising input costs, the price of vehicles will be increased, however the new prices will not be applicable on vehicles which will be booked before December 31 this year. Recently, Maruti Suzuki also announced an increase in the price of its vehicles from the month of January.