Almost all major automakers have announced an increase in prices of their vehicles next year and the latest one to make this same announcement is Isuzu Motors India. The Japanese carmaker will be increasing prices of its commercial vehicles by about ₹ 10,000 from the current ex-showroom price, effective from January 01, 2021. The price hike will be applicable on the D-Max Regular Cab and D-Max S-Cab and the company has cited increase in input and vehicle cost as the primary reason for the price hike.
Isuzu is one of the major car manufacturers that have announced to increase prices next year. Carmakers like Maruti Suzuki, Hyundai, Tata Motors and Mahindra among others have already announced to increase the prices of their vehicles. Cyclical price revision at the beginning of a new year has become a trend in the auto industry due to increase in input costs and transportation charges. Some automakers also give discounts on previous model year vehicles at the end of the year which is when buyers can cash in opportunity and purchase a new vehicle at comparatively discounted rate and also benefit marginally on insurance and road tax charges due to lesser base price.
Also Read: Next-Gen Isuzu MU-X Introduced In Thailand
The price is only applicable on Isuzu's commercial vehicle range and not on models like the MU-X or the D-Max V-Cross Facelift. In fact, Isuzu is yet to launch the BS6 D-Max V-Cross in India which will be the next-generation model that's already on sale in Thailand. The same model is expected to go on sale in India next year.