A price hike has been levied across Maruti Suzuki’s portfolio – including the product range sold via Arena and Nexa dealerships. An increase of around 1-6% means a hike in the range of Rs 5,000 to Rs 34,000
Audi, BMW, Bajaj Auto, KTM, Honda Motorcycles and quite a few other manufacturers have already announced a hike in the prices of their products in December 2020. So far, Maruti Suzuki has held off from revising their prices, but it seems they too have given in. The Manesar-based carmaker products will not cost anywhere between 1-6% more than before. This means a hike in price in the range of Rs 5,000 to Rs 34,000 depending on the model and the variant.
For those looking to buy the Alto or S-Presso will have to pay a minimum of Rs 5,000 more than before. The VXI+ variant of the Alto gets dearer by Rs 14,000, and the CNG and VXI variants of the S-Presso now demand Rs 7,000 more. Depending on the variant, prices of the Wagon R have been hiked in the Rs 7,500 to Rs 23,200 range.
The Swift and the Ertiga have experienced the maximum rise in the cost. The base variant of the Swift now carries a price tag that is Rs 30,000 higher, and the Ertiga MPV costs Rs 10,000 to Rs 34,000 more. Prices of the Vitara Brezza have also risen in the Rs 5,000-10,000 range.
Prices of Maruti’s premium products sold via the Nexa range have been revised too. The Baleno and the Ciaz get dearer by up to Rs 26,000. Customers will now have to pay an additional Rs 10,000 for the automatic trims of the XL6. From Maruti’s entire line-up, the S-Cross is the only car which continues to be sold at the same price.
Maruti Suzuki Brezza Long Term Report: December 2020
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