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The firm prepares to raise auto costs throughout designs as a result of increasing input expenses and functional costs.
Maruti Suzuki Price Hike
Car market leader Maruti Suzuki India on Thursday claimed it will certainly trek costs by as much as Rs 32,500 throughout numerous designs from February 1 to partly balance out the increase in input expenses. Due to increasing input expenses and functional costs, the firm prepares to raise auto costs, beginning February 1, 2025, Maruti Suzuki India claimed in a regulative declaring.
“While the firm is dedicated to optimizing expenses and decreasing the influence on the clients, we are constricted to hand down several of the boosted costs to the marketplace,” it added.
Under the revised prices, the company’s compact car Celerio will see an increase in ex-showroom prices by up to Rs 32,500, while that of premium model lnvicto by up to Rs 30,000.
The company’s popular model Wagon-R price will go by up to Rs 15,000 while that of Swift by Rs 5,000. SUVs Brezza and Grand Vitara will see price hikes by up to Rs 20,000 and Rs 25,000, respectively.
Entry-level small cars Alto K10 prices will rise by up to Rs 19,500 and that of S-Presso by up to Rs 5,000, the filing said.
Premium compact model Baleno’s price will go up by up to Rs 9,000, compact SUV Fronx by up to Rs 5,500, and that of compact sedan Dzire by up to Rs 10,000, it added.
The company, currently, sells a range of vehicles from entry-level Alto K-10, with prices starting at Rs 3.99 lakh, to Invicto at Rs 28.92 lakh.
(This story has not been edited by News18 staff and is published from a syndicated news agency feed – PTI)
