Maruti Suzuki

Maruti Suzuki Announces Price Hike Across Models

Maruti Vitara Brezza

Maruti Suzuki has attributed the price hike to rising commodity and distribution costs and adverse foreign exchange rates.

Maruti Suzuki India (MSI) has announced that a price hike across its entire model range up to Rs 6,100 (ex-showroom, Delhi). The price increase will vary model-wise and will be effective from today (August 16, 2018). The Indo-Japanese carmaker has attributed the price hike to rising commodity and distribution costs and adverse foreign exchange rates.

In July 2018, the Indo-Japanese carmaker witnessed a fall by 0.6 per cent compared to the same month last year. The company managed to sell 164,369 units as opposed to 165,346 vehicles of July, 2017. It was the Maruti Suzuki Ciaz that saw a major decline of 99.2 per cent. Only 48 units of the sedan were retailed last month. The reason behind the sales fall is the imminent launch of the Ciaz facelift.

With total sales of 25647 units, the new Dzire was the top-selling Maruti car in July, 2018. While the Alto recorded sales of 23371 units, the monthly sales figures of the Swift stood at 19993 units. The Maruti Suzuki Baleno was the fourth highest selling Maruti with total sales of 17960 units.

Registering sales of 14181 units, the Maruti Suzuki Vitara Brezza reclaimed the badge of the best-selling SUV back from the Hyundai Creta. The latter one recorded sales of 14181 units as compared to 10,423 units of the same month last year.

Currently, Maruti Suzuki is busy in doing final launch preparation for the 2018 Ciaz facelift that will go on sale on August 20, 2018. The carmaker will also give a generation to its three popular models – the Eritga MPV, Alto hatchback and WagonR. The updated version of the Baleno hatchback will also make its way sometime next year.

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