General Motor India has announced that it will be hiking the price of all its vehicles by up to Rs 10,000 from the first week of June. The hike has been attributed to the increase in the cost transportation and logistics.
"We have decided to increase the prices of all our vehicles up to Rs.10,000 depending upon the model with effect from the 1st week of June on account of increase in transportation costs/logistics due to hike in diesel price. In percentage terms, the increase goes up to 1.5 per cent depending on the model," said P Balendran, vice president, General Motors India.
