Maruti Suzuki Increases Prices Of Select Models By 1.6% From April 2021
Highlights
- Maruti Suzuki has increased car prices from today, April 16, 2021
- Maruti says increase in various input costs is the reason for the hike
- This is the second time Maruti has announced a price hike in 2021
It was in March 2021 when we first told you that Maruti Suzuki will be increasing car prices in India from April. Now, the company has officially announced an upwards revision of up to 1.6 per cent in prices for select models in its line-up. The Indo-Japanese carmaker has stated that the price hike is mainly due to an increase in various input costs, and the revised prices will be effective from today, April 16, 2021, onwards. The amount will vary for different models.
Also Read: Maruti Suzuki To Increase Car Prices From April 2021
This is the second time that Maruti Suzuki India has increased vehicle prices this year. Earlier in January 2021, the company had increased prices for select models by up to Rs. 34,000, sighting the same reason for increasing input costs. This time around the price hike will be as high as around up to Rs. 20,000 depending on the model and variant.
Also Read: Isuzu Motors To Hike Prices Across D-Max Range By ₹ 1 Lakh From April
Among other automakers, Toyota Kirloskar Motor and Isuzu India had also announced their decision to increase vehicle prices in India from April 2021. In fact, it's quite common for Original Equipment Manufacturer or OEMs to increase vehicle prices in India at the start of the new financial year.
Also Read: Toyota Announces Price Hike Across Range From April 2021
Right now, Maruti Suzuki India has 15 models in its combined line-up from Arena and Nexa brands. While its most affordable model, the Alto is priced between Rs. 3 lakh to Rs. 4.60 lakh, its flagship model, the S-Cross is priced from Rs. 8.39 lakh, going up to Rs. 12.39 lakh (all prices ex-showroom, Delhi).
Last Updated on April 16, 2021
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