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Maruti hikes prices by Rs 500-5,000

Our Bureau

New Delhi , Aug 1

Under pressure from increasing input and freight costs, Maruti today hiked prices of certain models, including those of the Alto and M800, from Rs 500 to Rs 5,000.

The increase, with effect from Tuesday, varies from 0.17 per cent to 1.47 per cent, and was brought about by an increase input costs and freight costs.

The company said that while it had absorbed a portion of the increased costs, it has decided to pass on a part of it to customers.

Post-hike, best-selling models Alto and M800 will be dearer by Rs 500 across all variants.

The largest price hike is on the newly launched WagonR LPG, which will be costlier by Rs 5,000, while the mid-size sedan Esteem will see a rise of Rs 1,000 across all variants.

Prices of all variants of the Omni have been increased by Rs 500-3,000, according to a company release.

However, there would be no change in the prices of the Swift, Zen, Baleno (Vxi) and the WagonR (Petrol).

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