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Maruti Suzuki hikes prices of select models by 1.9 percent

Maruti Suzuki

Maruti Suzuki India Limited announced in a regulatory filing that the carmaker will hike prices for select models by 1.9 percent. The price adjustment is effective as of September 6, 2021, and will be charged on the ex-showroom price of the models. The model-wise new prices will be disclosed by the company soon.

Last month, Maruti Suzuki reported that it would raise the prices of its models due to rising costs of input and manufacturing costs of vehicles. This is the third time the automaker has increased vehicles costs in 2021; The most recent was in April 2021, the details of which can be read here. In July 2021, only the ex-showroom prices for the Swift hatchback and CNG models rose by up to Rs 15,000

Last week, the automaker voluntarily recalled more than 1.81 units of select models of the Ciaz, Ertiga, XL6, S-Cross, and Vitara Brezza manufactured from 4 May 2018 to 27 October 2020.

Suzuki also posted an 8.7 percent drop in sales last month, with 1,03,187 passenger cars sold in the domestic market. On the other hand, the Maruti Suzuki Vitara Brezza emerged as the best-selling compact SUV in August with 12,906 units sold the previous month.

Also Read: How to get fancy numbers on your vehicle in India

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