Business Daily from THE HINDU group of publications Friday, Mar 16, 2007 ePaper |
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Cars Corporate - Announcements
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New Delhi March 15 Maruti Udyog Ltd on Thursday hiked prices of all its models on account of increased cess announced in the Union Budget 2007-08. The hike ranges between Rs 258 and Rs 1,017 (ex-showroom-Delhi prices) and is effective across the country. The company said post price hike, its popular premium hatchback Swift will be costlier between Rs 656 and Rs 818 across different variants. Omni Cargo LPG prices have been increased by Rs 258, while that of Omni 5 seater by Rs 307. The price of Versa Dx model has also been hiked by Rs 826. The base model of Swift will now cost Rs 4,68,657 compared to Rs 4,68,000 earlier. The popular Maruti 800 model will now be costlier by Rs 268 at Rs 1,93,914 as against Rs 1,93,646. Zen Estilo Vxi would now cost Rs 3,74,019 as against Rs 3,73,500. The prices of Esteem models have been hiked by Rs 912 and Rs 982 for the Lxi and Vxi variants respectively. Esteem's base model would now cost Rs 4,79,135 compared to Rs 4,78,223 earlier. The prices have gone up most for Gypsy King Ambulance, which has become dearer by Rs 1,017 per car at Rs 5,25,549. "While the cess changes announced in the Union Budget 2007-08 came into effect from March 1, 2007, the company had decided to maintain its ex-showroom prices at pre-budget levels for a fortnight," the company said. Maruti added that the decision was keeping in mind customers, who had postponed their purchases expecting certain taxes and duties to come down in the Union Budget.
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