Premium car maker Volvo Auto India on Thursday said it had increased the prices of its entire range of models by up to Rs.1.30 lakh due to hike in customs duty in the recent budget.

“The prices for Volvo S60, S80, XC60 and XC90 have been increased after the budget was announced for 2012-13. The prices have been increased by less than 3 per cent for all the models. The minimum price increase is Rs.1 lakh, while the maximum is Rs.1.30 lakh,” the company said in a statement.

The sedan S60 is now available for Rs.25 lakh, while the S80 is offered at Rs.28 lakh.

Similarly the SUV XC60 will now be available at Rs.35.25 lakh.

In another statement, SkodaAuto India said it has raised the prices between 2.2 per cent and 5.1 per cent across all its products due to hike in excise duty.

“The new prices are in line with changing market conditions and would be effective immediately,” it said.

As per the revised prices, its hatchback Fabia will start at Rs.4.60 lakh, while the sedan Rapid will now be available at a starting price of Rs.6.90 lakh. Premium sedan Laura will now start at Rs.12.90 lakh and SUV Yeti will be available at a starting price of Rs.13.90 lakh, the company said. “The flagship sedan Superb will also see a price rise and will retail at a starting price of Rs.19.60 lakh,” it added. — PTI

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