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Maruti Suzuki has announced a price hike on a number of its select models in the Indian market. The price hike will be effective immediately and range from Rs 5000 to Rs 34,000; making it the biggest price hike from the brand yet.
Popular models such as the Alto, Celerio, S-Presso, WagonR, Swift, Ertiga, Vitara Brezza and others have received the price increase. The lowest price increase across the range is for the Maruti Tour S whose prices have been increased by Rs 5,061.
Second on the list is the Maruti Suzuki S-Presso which has received a Rs 7000 price increase. The highest price hikes, however, have been for the Swift and the Ertiga at Rs 30,000 and Rs 34,000, respectively.
Other important models to receive a price hike include the Vitara Brezza, Alto, Dzire and the WagonR. The Maruti Suzuki Vitara Brezza and the Dzire have received similar price hikes of Rs 10,000 and Rs 12.500, respectively. The Alto receives a slightly higher price increase of Rs 14,000, while the tall-boy hatchback receives a more significant Rs 23,000 hike in its prices.
Maruti Suzuki had announced back in December 2020 that they will be increasing prices on a number of its models at the start of 2021. The company had cited rising input costs as the main reason for the price hike.
Maruti Suzuki has now joined the list of other carmakers such as Kia Motors, Hyundai, Mahindra to announce a price hike on a number of its models, if not the entire lineup in the Indian market. Price hikes at the start of the year have over the past couple of years have become a common practice in the auto industry, with manufacturers adjusting the prices based on the input costs.
Thoughts On Maruti Suzuki Car Price Hike Across Select Models
Maruti Suzuki is the latest carmaker to announce a price hike in the Indian market. The company has hiked prices on select popular models across all segments of its range.