Business News
2 min read | Updated on January 23, 2025, 16:40 IST
SUMMARY
The company's popular model Wagon-R price will go by up to ₹15,000 while that of Swift by ₹5,000. SUVs Brezza and Grand Vitara will see price hikes by up to ₹20,000 and ₹25,000, respectively.
Entry-level small cars Alto K10 prices will rise by up to ₹19,500 and that of S-Presso by up to ₹5,000, the filing said. Image | PTI
Car market leader Maruti Suzuki India on Thursday said it will hike prices by up to ₹32,500 across various models from February 1 to partially offset the rise in input costs.
Due to rising input costs and operational expenses, the company plans to increase car prices, starting February 1, 2025, Maruti Suzuki India said in a regulatory filing.
"While the company is committed to optimising costs and reducing the impact on the customers, we are constrained to pass on some of the increased expenses to the market," it added.
Under the revised prices, the company's compact car Celerio will see an increase in ex-showroom prices by up to ₹32,500, while that of premium model lnvicto by up to ₹30,000.
The company's popular model Wagon-R price will go by up to ₹15,000 while that of Swift by ₹5,000. SUVs Brezza and Grand Vitara will see price hikes by up to ₹20,000 and ₹25,000, respectively.
Entry-level small cars Alto K10 prices will rise by up to ₹19,500 and that of S-Presso by up to ₹5,000, the filing said.
Premium compact model Baleno's price will go up by up to ₹9,000, compact SUV Fronx by up to ₹5,500, and that of compact sedan Dzire by up to ₹10,000, it added.
The company, currently, sells a range of vehicles from entry-level Alto K-10, with prices starting at ₹3.99 lakh, to Invicto at ₹28.92 lakh.
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