Maruti to raise vehicles prices by up to 2% from January : The Tribune India

Join Whatsapp Channel

Maruti to raise vehicles prices by up to 2% from January

NEW DELHI: Country''s largest carmaker Maruti Suzuki India (MSI) plans to increase prices across its models by up to 2 per cent from January in order to partially offset rise in input costs.

Maruti to raise vehicles prices by up to 2% from January

The company currently sells a range of models, from hatchback Alto 800 to crossover S-Cross. — File photo



New Delhi, December 13

Country's largest carmaker Maruti Suzuki India (MSI) plans to increase prices across its models by up to 2 per cent from January in order to partially offset rise in input costs.

The company currently sells a range of models, from hatchback Alto 800 with price starting at Rs 2.45 lakh to crossover S-Cross priced at Rs 11.29 lakh (all prices ex-showroom Delhi).

When contacted, a company spokesperson told PTI that the company is revising prices as there has been a gradual increase in commodity prices over the past few months.

"We were absorbing the impact of small fluctuations till now. But with gradual increase in commodity prices we will have to pass on the increase to the customers from January," the spokesperson said.

When asked about the quantum of increase, the spokesperson said: "The prices would go up to 2 per cent across the product portfolio from next month." The quantum of price increase will vary based on the different models and fuel specifications.

Various automakers such as Tata Motors, Ford, Toyota Kirloskar Motor, Honda Cars India, Skoda and Isuzu have already announced price hikes from early next year. — PTI 

Top News

‘Congress mantra is loot in life, loot after life’: PM Modi on Sam Pitroda’s inheritance tax remarks

‘Congress mantra is loot in life, loot after life’: PM Modi on Sam Pitroda’s 'inheritance tax' remarks

Grand Old Party accuses BJP of distorting Pitroda’s remarks ...

Congress suspends Punjab’s Phillaur MLA Vikramjit Chaudhary over statements against ex-CM Charanjit Channi

Congress suspends Punjab’s Phillaur MLA Vikramjit Chaudhary over statements against ex-CM Charanjit Channi

The suspension letter has been issued by Congress’s Punjab a...

Union minister Nitin Gadkari faints while speaking at campaign rally in Maharashtra

Union minister Nitin Gadkari faints while speaking at campaign rally in Maharashtra

Gadkari, however, recovered after a few minutes and complete...


Cities

View All