Maruti Suzuki Hikes Price Of Selected Models By Up To Rs 22,500

10Shares

NEW DELHI- The country’s largest carmaker Maruti Suzuki India (MSI) on Friday said it has hiked prices of most of its models by up to Rs 22,500 with immediate effect to partially offset the impact of the rise in input costs.

Barring Celerio and Swift, all the models of the company will be covered under the price increase exercise.

“The company is increasing the price for select models owing to increase in various input costs,” the auto major said in a regulatory filing.

The weighted average price increase in ex-showroom prices (Delhi) across models is 1.6 per cent, it added.

The new prices are effective from Friday, MSI said.

The company sells various models ranging from Alto to S-Cross, priced between Rs 2.99 lakh and Rs 12.39 lakh (ex-showroom Delhi).

In March, the car market leader had said that over the past year, the cost of the company’s vehicles has been impacted adversely due to an increase in various input costs.

On January 18 this year, the automaker had announced to hike prices of select models by up to Rs 34,000 due to a rise in input costs.

Be Part of Quality Journalism

Quality journalism takes a lot of time, money and hard work to produce and despite all the hardships we still do it. Our reporters and editors are working overtime in Kashmir and beyond to cover what you care about, break big stories, and expose injustices that can change lives. Today more people are reading Kashmir Observer than ever, but only a handful are paying while advertising revenues are falling fast.

ACT NOW
MONTHLYRs 100
YEARLYRs 1000
LIFETIMERs 10000

CLICK FOR DETAILS


Press Trust of India

Leave a Reply

Your email address will not be published.

KO SUPPLEMENTS