Maruti Suzuki India Ltd.

BSE: 532500 | NSE: MARUTI
Large Cap | Automobiles - Passenger Cars
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Maruti raises car prices by up to Rs 17,000

Date: 26-03-2012

Maruti Suzuki India has raised the prices of its vehicles by up to Rs 17,000 following the hike in excise duty in the budget. This increase in prices will affect the company's models ranging from small car M800 to mid-sized sedan SX4.

As per the recent hike, the company's best selling model Alto (800 cc) will cost Rs 4,200 to Rs 5,900 more. It is priced ranging from Rs 2.4 lakh to Rs 3.42 lakh (ex-showroom Delhi). Similarly, the price of Alto K10 has been increased by Rs 5,500 to Rs 5,700. It is priced at Rs 3.14 lakh and Rs 3.30 lakh (ex- showroom Delhi).

The company’s mid-sized sedan SX4 will now cost Rs 9,400 to Rs 17,000 more. Its prices range from Rs 7.11 lakh to Rs 9.39 lakh (ex -showroom Delhi) while the newly launched Swift Dzire will be more expensive by Rs 8,500 to Rs 12,700. It is priced at Rs 4.8 lakh and Rs 7.51 lakh (ex-showroom Delhi).

Further, the company’s premium hatchback Swift will now cost Rs 7,700 to Rs 11,900 more depending on variants. It is priced between Rs 4.44 lakh and Rs 6.76 lakh (ex-showroom Delhi).