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Maruti Suzuki said on Tuesday that it has increased prices across its car range by up to Rs 9,000 to offset the cost of higher raw material prices.
Effective from Monday, the highest price increase of 2.4 per cent (Rs 9,000) will be on the Swift Dzire diesel. The higher selling models like the WagonR and the Alto, however, will only become dearer by Rs 1,100.
This price revision comes on the heels of a similar move by the market leader this January, when prices went up by as much as Rs 10,000.
Mr Mayank Pareek, Managing Executive Officer for Marketing and Sales, Maruti Suzuki, said, “We had to increase prices by an average of 0.69 per cent due to rapidly rising input costs. We had split the price increase over two times so as to minimise the impact.
“While steel prices have gone up in the last eight months, rubber prices have doubled, copper has gone up by 19 per cent and precious metals 16-20 per cent,” said
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