Volkswagen is going to increase the prices of its vehicles in January next year. In India, the prices of their vehicles will be increased by Rs 20, 000 from January.
The company has said in a statement that it has taken this step to offset rising costs. This increase in price will vary on different models of the company.
The company says that due to ups and downs in some external economic factors and global commodity prices, this increase has become mandatory. Many major companies have already announced this kind of hike.
Meanwhile, Maruti Suzuki India is also planning to increase the prices of its vehicles up to two percent from next month. The company says that keeping in mind the rising cost, he is thinking about this.