Maruti Suzuki follows suit after Honda Siel Cars India and BMW recently increased the prices of their cars owing to rise in input costs, including that of steel. Most of the models will observe a rise in its price tag from the range of a few hundred rupees to as high as Rs 10,000 per car. The prices may vary as per on-road prices of various cities.
The company stated that the average increase in prices would be around 0.6 per cent. But, the Ritz VDi and the Swift Dzire LXi models will witness a rise of 0.12 per cent and 1.9 per cent respectively. However, the firm did not comment about the hike in terms of Rupees.
Maruti Suzuki also confirmed that it’s recently launched multi-purpose vehicle Eeco and the petrol engine powered Swift and Gypsy models will be spared from the price hikes.
A Maruti Suzuki official confirmed, “The price increase is to partly recover the increase in the input costs arising out of raw material costs over the past one year. For some models the increase in the costs are being absorbed by the company.”
Along with this, the company also confirmed that the introductory prices introduced in August last year for its refreshed Estilo has been withdrawn. As a result of this, the Estilo will now be costlier by Rs 1,234 to Rs 2,486 as per variants.