"The details, such as quantum of hike, are still being evaluated but we have decided to increase the prices of all our models from October 1 due to high input costs, currency fluctuation and freight costs," General Motors India vice president P Balendran told PTI.
The company sells a range of models starting from entry level small car Spark to the high-end sports utility vehicle Captiva in the Indian market.
The prices of the company's vehicles start at Rs 2,85,000 for Spark and go up to Rs 24.6 lakh or Rs 2.46 million (ex-showroom Delhi)
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