Maruti Suzuki sells a wide range of vehicles from the entry-level small car Alto to the SUV Grand Vitara. file | Photo Credit: Reuters
Maruti Suzuki India On January 16, it said that it has increased the prices of vehicles of all its models by about 1.1%.
This is the second price hike that the carmaker is making in the current financial year. After increasing it in April 2022,
In December last year, the company had said it would hike prices of its vehicles to offset the impact of rising costs and make provisions for updating the model range to meet the stricter emission norms, which will come into effect from April 2023.
“The estimated weighted average of the increase in the model is about 1.1%. This indicative figure is calculated using ex-showroom prices of the models in Delhi and will be applicable from January 16, 2023,” Maruti Suzuki India said in a regulatory filing.
The company sells a wide range of vehicles from entry-level small car Alto to SUV Grand Vitara, priced between Rs 3.39 lakh to Rs 19.49 lakh (ex-showroom Delhi).