Maruti car price hike News
The company, however, said it is currently working out the details of the quantum of price increase, which will vary depending on the model.
The price hike is owing to increase in commodity and other administrative and distribution cost.
The price hike is owing to increase in commodity and other administrative and distribution cost.
The price hike ranges between Rs 1,700 and Rs 17,000 across models.
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There is no change in the prices of Ciaz SHVS and Ertiga SHVS.
Country's largest carmaker Maruti Suzuki India on Saturday hiked prices of its vehicles across models by up to 12,000, joining others like Honda, Toyota Kirloskar, Tata Motors and Skoda in taking such a step from this month.
Maruti Suzuki India Ltd, the nation`s biggest carmaker by sales, plans to raise prices of its cars by up to 20,000 rupees ($300), starting Jan. 1, to offset cost increases and unfavourable foreign exchange rates, a company spokesman said on Thursday.
Country's largest carmaker Maruti Suzuki India will hike prices of its vehicles across models by up to Rs 20,000 from January to offset impact of rising costs and weakening of rupee against dollar, joining rivals in making such a move.
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