India’s largest car manufacturer Maruti Suzuki India hiked prices of its vehicles across models by up to 12,000 in order to offset the impact of rising costs and weakening of rupee against dollar. With this price hike move the brand has joined its rivals like Honda, Toyota Kirloskar, Tata Motors and Skoda. The average increase in price in the ex-showroom prices across models, starting from entry level hatchback Alto 800 to crossover S-Cross, will range somewhere between Rs 1,000 to Rs 4,000, the company said in a statement.
In addition to this, the company has also hiked the prices of its recently launched premium hatchback Maruti Suzuki Baleno in the range of Rs 5,000 to Rs 12,000. Currently, the company sells a range of vehicles starting from entry-level car Alto 800 priced at Rs 2.52 lakh to to premium crossover S-Cross which is priced at Rs 13.74 lakh. While, Maruti Baleno is priced between Rs 4.99 lakh and Rs 8.11 lakh (all prices ex-showroom Delhi).
As we said earlier, Maruti Suzuki India is not the only carmaker in town that has increased its prices. The Japanese car manufacturer, Honda Cars India has already increased prices of its vehicles across models by up to Rs 10,000 as well as Skoda India has also increased prices of its model range by up to Rs 33,000 from January 1. Tata and Toyota Kirloskar Motor also raised product prices by up Rs 20,000 and Rs 31,500 respectively from this month.