“The price increase has been necessitated on account of continuous increase in commodity prices and processing costs in today’s market. Moreover, increase in fuel prices has resulted in a significant increase in freight charges for the manufacturer too,” sources say.
Currently, MSIL sells a range of vehicles starting from the entry level hatchback Alto 800 to the S-Cross with prices ranging between 2.49 lakh and 11.5 lakh (all prices ex-showroom Guwahati). Maruti Suzuki’s portfolio currently comprises of 14 car models – Alto 800, K10, Wagon R, Celerio, Swift, Dzire, newly relaunched Ertiga, Omni, Eeco, Gypsy and Brezza apart from Baleno,Ciaz, Ignis and S-Cross through its NEXA channel. Other car makers viz Toyota have already announced a similar hike in prices of their vehicles across models from January 2019.
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