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Maruti Suzuki to hike car prices by up to Rs 10,000

Maruti Suzuki India, the country's largest car maker by market share, today said it is likely to increase the prices of its entire range of models by up to Rs. 10,000 from October first week, mainly due to the depreciation of the rupee.

Maruti Suzuki

The prices of vehicles manufactured by the country's largest carmaker start from Rs 2.35 lakh and go up to Rs 10.21 lakh. These are according to the company's official website and are for ex-showroom, Guwahati.

"We have been wanting to raise the price for some time as our input costs went up severely, mainly on account of weakening of rupee. However, the market was not conducive. Now it has become inevitable," Maruti Suzuki India (Maruti Suzuki) Chief Operating Officer (Marketing and Sales) Mayank Pareek said.

The quantum of price increase will vary according to different models and fuel specifications.

"The amount of price hike will vary between Rs 3,000 and Rs 10,000. It will be applicable to all our models," Pareek said.


Maruti Suzuki had last hiked the prices for all its vehicles in January, by up to Rs 20,000, to offset the pressure of adverse currency fluctuation.