It has emerged that General Motors India has decided to increase the prices of its vehicle from the first week of June. Commenting on the price increase, Mr. P Balendran, Vice President, General Motors India, said: “We have decided to increase the prices of all our vehicles upto Rs.10,000 depending upon the model with effect from the Ist 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.
It may be noted that the Indian subsidiary of the American car maker giant was recently seen pricing its Enjoy MPV very competitively. The low price, along with spacious interiors and powerful engines, makes the Enjoy a really value for money proposition. It now remains to be seen if the marginal increase in price would affect the sales of Enjoy and that of the other GM India cars in any manner.