The fast selling Swift Dzire prices was hiked by Rs 18,000. The car was initially launched in the price range of Rs 4.68 lakh to Rs 6.25 lakh. The prices now stand hiked by the new price list.

The Managing Director and CEO of Mercedes-Benz India, Mr. Wilfred Aulbur said, "There has been a general increase in luxury cars and luxury products. The trend is a reflection of the growing economic power of the country. It has encouraged

As used car market has generated considerable new car sales for Maruti Suzuki and Hyundai. Now, General Motors India is also trying the same. The used car showrooms accept exchange of old cars for new ones, which help to generate

The Managing Director and CEO of Hyundai Motors India limited Mr. HS Lheem said, "The car is expected to launch in 2012. We expect to develop the car over four year time and launch it in Indian car market first."