Maruti Suzuki Announces Price Hike For Select Models

Maruti has announced a price hike in India for select models in its lineup.
  • Published On: 11/01/19
  • Views
  • 0 Comments
  • Likes
  • 1 min read
Maruti Suzuki Price Hike

India's largest carmaker Maruti Suzuki has announced a hike in prices for select models by up to Rs. 10,000/- (ex-showroom, India) effective from January 10, 2019. The decision comes due to the impact of rising commodity prices and foreign exchange rates. This has become a norm in the automotive industry as part of a cyclical revision of prices at the start of a new year. Recently, carmakers such as Hyundai, Tata Motors, Ford, Honda, Renault, Nissan, Toyota and BMW had also announced a price hike for their cars for similar reasons.

‘The cost of company’s vehicles has been impacted adversely due to increase in commodity prices and foreign exchange rates.’, the company said in a press release. The statement continued further as “Hence, it has become imperative for the company to pass on some impact of the above additional cost to customers through a price increase across various models in January 2019.”

Maruti Suzuki currently has 15 cars in its India portfolio combining its Arena and Nexa channels with the Alto 800 being the entry level car and the S-Cross being on the premium end. The company recently launched the next-gen Ertiga at a starting price of Rs. 7.44 lakhs (ex-showroom, India), the Ertiga is also expected to fall under the price hike. Maruti Suzuki will also launch the new Wagon R this month and it will decide upon its starting price in accordance to the price hike announced.

Buy on DroomView All

Related Stories

Mercedes Benz India Appoints Vyankatesh Kulkarni as Head of Operations

Mercedes Benz India Appoints Vyankatesh Kulkarni as Head of Operations

Vyankatesh is currently associated with Mercedes-Benz Research and Development India Pvt. Ltd. (MBRDI) as Vice President ...

  • Published On: 30/05/22
  • 174 Views
  • 2 min read
Tata Motors Acquires Ford India's Sanand Production Facility

Tata Motors Acquires Ford India's Sanand Production Facility

It will develop electric vehicles at this manufacturing unit with an installed capacity of 300,000 units per annum ...

  • Published On: 30/05/22
  • 88 Views
  • 2 min read

Author Droom

  • Published On: 11/01/19
  • Views
  • 0 Comments
  • Likes
  • 2 min read

Discover Your Dream Vehicle

Eg: Maruti Suzuki Alto VXI
Eg: Bajaj Pulsar 150
Eg: Honda Activa