Maruti hikes prices of its entire line-up by up to INR 9,000: S-Cross prices to remain same

Country's largest carmaker Maruti Suzuki India has hiked prices of all its products by up to INR 9,000, except that of newly launched premium crossover S-Cross, citing changes in dealer margin. The auto major, however, said that the prices of its all new premium crossover S-Cross, which was launched earlier this month, would remain unchanged.

Written by: Oncars India

Published: August 22, 2015, 11:09 AM IST

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https://www.india.com/car-and-bike/maruti-hikes-prices-of-its-entire-line-up-by-up-to-inr-9000-s-cross-prices-to-remain-same-3314796/ Copy

The average hike in the ex-showroom prices, with effect from August 11, across models ranges from INR 3,000 to INR 9,000, a Maruti Suzuki India (MSI) spokesperson said. The price revision is on account of changes in dealer margin and a minor calibration in prices, the spokesperson added.

The company, which has a share of over 45 per cent in the domestic market in the passenger vehicle segment, currently sells a range a vehicles starting from entry-level car Alto 800 to premium crossover S-Cross, priced between INR 2.52 lakh to INR 13.74 lakh (ex-showroom Delhi).

MSI in January this year increased prices by up to INR 31,600 to adjust impact of hike in excise duty. Before that, the company had hiked prices by up to INR 10,000 in October 2013 mainly due to depreciation of rupee.

Rival Hyundai Motor India has already announced a hike across all models, excluding that of sports utility vehicle Creta, by up to INR 30,000 from this month in view of rising input costs.

PTI