Maruti Suzuki cars get costlier by up to Rs 17,000
New Delhi : India's leading car maker brand Maruti Suzuki has announced a price hike across its entire selling line up in the country.
Varying from segment to segment, the price of cars has been hiked from Rs 1700 to Rs 17000. The company claimed that the prices are being hiked due to increased cost of commodity, administration and distribution.
This is the second time Maruti Suzuki has increased prices of its car within one month. In December, the manufacturer had announced a hike of up to Rs 22,000 aimed at offsetting the rising input costs.
In 2018, Maruti Suzuki is the only car manufacturer who has announced a price hike. In December, several other car manufacturers such as Honda, Skoda, Isuzu, Nissan, Renault, Tata and Toyota had also announced a price hike across their respective lineups effective from January, 2018.
It would be interesting to see if other car makers will make the most out of price hike or will they revise their prices too.