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Stellantis India to Increase Vehicle Prices

Stellantis India has announced a price hike across its models, with the increase ranging from Rs 4,000 to Rs 17,000. This change will come into effect from April 30, as stated by the company in a recent statement.

The decision to hike prices is likely due to rising input costs, including the cost of raw materials and other expenses. The company has not specified the exact reason for the price increase, but it is expected to impact the pricing of all its models.

Stellantis India offers a range of vehicles in the country, and the price hike will affect all of them. The company has stated that the price increase will be in the range of Rs 4,000 to Rs 17,000, depending on the model.

This price hike is expected to impact the sales of Stellantis India, as customers may be deterred by the increased prices. However, the company is likely to absorb the increased costs and maintain its profit margins.

The price hike will come into effect from April 30, and customers who have already booked their vehicles will not be affected. The company has stated that it will honor the existing prices for customers who have already made bookings.

The more you know, the less you fear.