Renault to hike vehicle prices in Jan.
- Renault India will raise vehicle prices by up to 2% starting January
- The price hike affects Kwid, Triber, and Kiger models and their variants
- Rising input costs and macroeconomic factors prompted the price increase
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Let us know.Renault India on Friday said it will increase vehicle prices by up to 2% from January, to offset the impact of rising input costs.
The French automaker sells three models — Kwid, Triber and Kiger — in the Indian market.
"The price increase will vary across models and variants and has been necessitated by rising input costs and prevailing macroeconomic factors," the automaker said in a statement.
Despite the revision, the company remains steadfast in its commitment to delivering high-quality products and services while ensuring a compelling value proposition for customers, it added.
Already, various brands like Mercedes-Benz, BMW, and Audi have announced hiking vehicle prices from next month, owing to weakening of the rupee against the euro.
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