M&M vehicles to cost dear- hike by Rs26100
The implementation of BS –IV norms has not spared M&M from hiking the price of utility vehicles. This is in addition to the impact of the fuel price; the flagship sports utility Scorpio gets the increase of Rs10300 –Rs17500, while Bolero to cost more by Rs26100. The sensational Xylo would cost additional by Rs15300-Rs15900. From April 1, 13 cities in India have come under the purview of BS IV norms, by which major car makers- Hyundai, GM and Toyota were forced to increase the prices. The switch over to the norm would end up with the customers being burdened with the increase. This is a sequence to the earlier hike due to the increase in the excise duty- from 2% to 10% and the hike amounted to Rs70000.