Car prices to go up

Luxury carmaker Skoda has said it will be implemented on all cars and will be ‘‘competitive’’.

This makes it a trio of auto makers to up prices just before the year ends, excluding commercial vehicle manufacturer Ashok Leyland, which had announced a 2.5 per cent hike in prices in November.

Expectations are mounting for a similar announcement from Maruti Udyog any time now. The hikes, till date, are minimal though they come for the second time this year.

Tata’s medium and heavy vehicles will be priced two to 2.5 per cent more on account of increase in input costs, a company spokesperson said. ‘‘The hike is being implemented to offset cost increases over the year,’’ he said.

Imran Hassen, Managing Director, SkodaAuto India said, ‘‘The planned price rise is impacted by an increase in the input costs. We will keep the price hike competitive and consumer friendly.’’