Maruti Suzuki has announced a price hike across its model line-up. This price hike, ranging from Rs. 1,500 to Rs. 8,014 (ex-showroom Delhi), is applicable on cars sold through both – Maruti Suzuki and Nexa dealerships. The recently launched Ignis hasn’t been affected by the hike.
While entry-level models like the Maruti Alto and WagonR get a price hike of Rs. 1,500, the Baleno sees a price increase of Rs. 8,014. Post this hike, the updated price range of the Baleno is Rs. 5.28 lakh to Rs. 8.44 lakh (ex-showroom, Delhi). The new prices have been made applicable from January 27, 2017.
It may be noted that while all other automakers hiked car prices from January 1, Maruti’s price rise announcement comes in nearly a month later. The company has suggested that the hike is a result of an increase in commodity, transportation and administrative costs.