Maruti Suzuki to hike car prices by up to Rs 32,500 in February

Maruti Suzuki India (MSIL) said it will increase the prices of vehicles from February 1 amid rising input costs and operational expenses. The price hike ranges from Rs 5,000 to Rs 32,500 across all models.

“While the company is committed to optimise costs and reduce the impact on the customers, we are constrained to pass on some of the increased expenses to the market,” Maruti Suzuki said in a press release.

On the higher side, the ex-showroom prices of Celerio, Invicto, Grand Vitara, and Brezza increased up to Rs 32,500, Rs 30,000, Rs 25,000, and Rs 20,000, respectively. 

Prices of Dzire, XL6, Eeco, Ertiga, Wagor-R, and Alto K10 will rise up to Rs 10,000, Rs 10,000, Rs 12,000, Rs 15,000, Rs, 15,000, and Rs 19,500, respectively.

However, for Jimny, Ciaz, S-Presso, Swift, Fronx, Ignis, and Baleno, the prices will increase up to Rs 1,500, Rs 1,500, Rs 5,000, Rs 5,000, Rs 5,500, Rs 6,000, and Rs 9,000, respectively.

In December, Maruti Suzuki said it is increasing the price of its cars by up to 4% from January 1, citing similar escalating input costs and rising operational expenses.

The automaker sold a total of 178,248 vehicles in December, up 30% year-on-year including 132,523 units in the domestic market, 8,306 units to Toyota Kirloskar and 37,419 units in exports.