Maruti Suzuki India Ltd.

Country’s largest carmaker, Maruti Suzuki India has hiked prices of its various models by up to Rs 20,000. The increase in price for the newly launched compact SUV Vitara Brezza will be Rs 20,000 while that of new premium hatchback Baleno is Rs 10,000. This price increase is effective from August 01, 2016.

On a select range, the price hike will be between Rs 1,500 and Rs 5,000. The company sells a range of models starting from hatchback Alto 800 to premium crossover S-Cross, priced Rs 2.45 lakh to Rs 12.03 lakh (ex-showroom Delhi).

This price revision is based on factors like segment wise demand, Forex movements and strategic objectives of the company.