Maruti price hike News
Maruti Suzuki India Ltd on Monday (January 27) announced a price change for select models owing to increase in input costs.
The new prices are effective from April 1, it added.
MSI sells a range of vehicles from entry level Alto 800 to mid-sized sedan Ciaz.
The price hike ranges between Rs 1,700 and Rs 17,000 across models.
This price change is effective January 27, 2017, and ranges between Rs 1,500 and Rs 8,014 (ex-showroom, Delhi).
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The India's largest car maker is banking on factors like lower fuel prices and the likely softening of interest rates to offset the impact of increase in vehicle prices.
The country's largest carmaker Maruti Suzuki India Tuesday hiked prices of its vehicles by up to Rs 31,600 following the expiry of excise duty concessions extended to the auto sector.
India's leading car manufacturer Maruti Suzuki on Tuesday hiked the prices of its vehicles by up to Rs 31,000 across all models following the government's decision to put on halt the excise duty cut to the auto sector.
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