India’s largest carmaker, Maruti Suzuki India Ltd., has hiked prices between Rs. 1,100 to 9,000 ($25-$203) across all models, a company spokesman said on today. This is second time in this year that the company is carrying out this exercise.The national capital based company has increased the car prices in the month of January along with Hyundai Motor and GM.
“We have undertaken a price hike across the models ranging between 0.2 per cent to 2.4 per cent,” a Maruti Suzuki official said. It will translate into a minimum increase of Rs 1,100 and a maximum of Rs 9,000 depending on model, the official added.
The detail of price hike across different models is yet to be published. The official said the price rise is effective from April 4 across the country. “This step was undertaken to offset rising input costs,” the official said.
The company sells 15 models in India — from the entry level small car M800 with a starting price of Rs 1.97 lakh to the latest sports sedan Kizashi, which is priced up to Rs 17.5 lakh (ex-showroom Delhi).
