- Affected models include Alto, S-Presso, Swift, Baleno, Ertiga, and XL6.
- The affected cars were recently updated with BS6 engines.
- Maruti Suzuki has cited higher input costs as the reason for the hike.
- An official notification for the new prices is awaited.
MPVs were also hiked. The carmaker says that the increase ranges from 0 to 4.7 per cent.
The company cited "increase in input costs" as the reason for the hike. All of the models affected by the price increase were recently updated to BS6 emission norms. Other carmakers have made similar price hikes in the past months.
To understand the 4.7 per cent increase, let's take a look at how it will affect prices. Consider the top-spec Wagon R hatchback. It retails for an ex-showroom Delhi price of Rs 5.91 lakh. If increased by 4.7 per cent, its price becomes Rs 6.19 lakh -- a hike of Rs 28,000.
Meanwhile, if the same percentage is applied to the priciest model, the difference is higher. The top-spec XL6 currently retails for Rs 11.46 lakh. After the increase, the prices could be as high as Rs 12 lakh, or a difference of Rs 53,800. The official notification about the new prices is awaited. Maruti Suzuki says the prices are applicable starting today.
To fuel the economy in the midst of the automotive slump, the company had reduced prices of all models and all variants by Rs 5,000. Watch this space to view the post-hike prices from Maruti Suzuki.
Press Release:
Maruti Suzuki Announces Price Increase
New Delhi, January 27, 2020: Maruti Suzuki India Limited today announced a price change for select models owing to increase in input costs.
The price change varies across models and ranges from 0% to 4.7% (Ex-Showroom - Delhi). The new prices are effective from 27th January 2020.
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