Inflation hits car too:Car prices to hike soon to counter rising input Cost

http://i234.photobucket.com/albums/e...-inflation.jpgInflation, the silent killer is now all set to impact cars too, companies are doing research to roll out price hike as they find it hard to manage with increasing cost of input.
Raw material for cars like steel, aluminium, nickle, plastic and rubber are being hit by price rise and so its desirable that it will affect anything prepared from them.

It is likely that price of high end vehicles may go up by Rs. 12000 to 15000 and for entry level , it may make difference of 4000-6000. Overall, price rise may be 2-3% in coming days.

So after having inflated food.. now you have inflated cars too.

ye mehngai to jaan le legi.

inflation is a real worry - but there are affordable population to buy cars even at higher prices both for cars as well as fuels.