Maruti to hike car prices by up to Rs 20,000 from January 16


Indian car giant increases prices for the second time in four months due to adverse currency fluctuations

 

Maruti car prices hiked

 

 

 

 

Maruti has announced a price hike of up to Rs 20,000 across its model range with effect from January 16, 2013, i.e. tomorrow. While the impact of the price hike on individual models and variants is not yet known, expect prices to increase 1.5 per cent on an average. 

 

The reasons for hiking prices are usual: Tightening of margins due to a weakening rupee. This is the second price hike from Maruti in four months. In October 2012, the company had raised prices of all its models by Rs 2,500 to Rs 5,250 citing rising input costs and currency fluctuation.

 

Nearly all car makers have hiked prices in recent times blaming it on rising raw material costs, inflation, currency fluctuations, etc. Related: Car prices to increase from January 2013

 

Maruti currently sells 14 models ranging from the Alto 800 starting at Rs. 2.41 lakh (ex-showroom Delhi) to the Suzuki Grand Vitara priced at Rs. 24.61 lakh (ex-showroom Delhi). The company recently launched a face-lifted WagonR with refreshed exterior, interiors and improved fuel efficiency. Read More: Updated Maruti WagonR launched at Rs 3.58 lakh

 

Latest Cars

Hyundai Verna

Rs. 8.00 to 12.62 lakh

View On Road Price


Land Rover Discovery

Rs. 68.05 lakh to 1.03 crore

View On Road Price


Ferrari GTC4Lusso

Rs. 4.20 to 5.20 crore

View On Road Price


Upcoming Cars

Creta Facelift

Est. Price: Rs. 14.43 lakh

21 Oct 2017


Swift 2017

Est. Price: Rs. 6.30 lakh

February 2018


X-Trail

Est. Price: Rs. 22.60 lakh

September 2017


GO Cross

Est. Price: Rs. 4.40 lakh

September 2017


Nexon

Est. Price: Rs. 6.50 lakh

October 2017


Best Cars

Maruti Suzuki Swift

Rs. 4.54 to 7.46 lakh

View On Road Price


Renault KWID

Rs. 2.62 to 4.49 lakh

View On Road Price


Maruti Suzuki Swift Dzire

Rs. 5.43 to 9.39 lakh

View On Road Price