Chevrolet India has also announced a hike in pricing throughout its product portfolio. The new pricing of models will be implemented with immediate effect across India. Infrastructure Cess introduced in the 2016-2017 Union Budget is a cause for the increase in pricing.
New vehicle owners will have to shell out an additional amount ranging from Rs. 3,500 to Rs. 51,000. The revised pricing will affect every model and variant sold in the country by Chevrolet. The minimum price hike will be witnessed on their smaller and entry-level models.
The revised pricing for Chevrolet India was confirmed to us by Hardeep Brar, Vice President of Sales, General Motors India. Surprisingly, officials have decided that they would not alter pricing of the newly launched Cruze model. The Cruze will continue to have a base price of Rs. 13.95 lakh ex-showroom (Delhi).
Several other manufacturer's have also announced a hike in pricing recently. Infrastructure Cess and rising input costs are the major reason for manufacturer's to raise vehicle price. Maruti Suzuki, Hyundai, Honda, Mahindra, Tata, and Mercedes-Benz all have raised the ex-showroom price on models.