Maruti Suzuki Hikes Prices Of Select Cars By Up To Rs 34,000
Maruti Suzuki’s showroom in Lower Parel, Mumbai. (Photo: Sagar Salvi/BloombergQuint)

Maruti Suzuki Hikes Prices Of Select Cars By Up To Rs 34,000

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Maruti Suzuki India Ltd. on Monday said it has increased the price for select models by up to Rs 34,000 to offset the impact of rising input costs.

The country’s largest carmaker said that the new prices will be effective from Jan. 18, according to its stock exchange filing. The price change varies across models and ranges up to Rs 34,000 (ex-showroom-Delhi), it added.

While the company did not specify the models, according to dealer sources the price hike impacts most of its models but select variants of certain models have left untouched by the increase in prices.

Last month the company had said it would increase prices of its vehicles from January to offset the impact of rising costs.

Also read: Buying A Car? Wait For Up To Nine Months To Get The Keys.

Over the past year, the cost of the company's vehicles have been adversely impacted due to the increase in various input costs, it had said.

Before the hike, Maruti Suzuki's range of vehicles were priced from Rs 2.95 lakh for the entry-level small car Alto to up to Rs 11.52 lakh for the multi-purpose vehicle XL6.

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