Maruti Suzuki has just announced that they would be increasing the price of all their vehicles which would be effective from January, 2020. Although the carmaker has not revealed the exact amount by which the prices have been hiked of each of the models, Maruti has said that the hike in prices will be dependent on the model in question.
This time of the year sees a cyclical increase in price from most carmakers in the country. Most carmakers usually announce new prices for next year at around this time. Howver , Maruti tells us that this increase is due to an increase in various input costs. Now that is quite obvious given the present situation of the industry.
The move is expected to help the brand increase sales in the last month of the year. This year has been quite difficult fort most carmakers and even Maruti has seen its overall sales come down from before. Maruti recorded decline in year-on-year sales for many consecutive months but they still have been able to retain the top spot on the sales chart throughout.
Maruti Suzuki has been quite busy this year as well. They launched a brand new car in the S-Presso and they even came out with a premium version of the Ertiga, the XL6. Along with this, Maruti has introduced BS-6 compliant cars for almost its entire range. That includes the Baleno, Alto, Ciaz, Dzire, Ertiga, Swift and Wagon R. In fact, Maruiti Suzuki already has the most number of BS-6 cars plying on the road.
This is not the first price hike coming from the brand in recent times. Prices of all models were increased with the launch of the BS-6 spec cars. In the weeks ahead, essentially before the April 2020 deadline for BS6 emission norms, Maruti will introduce the BS6-compliant versions of the Alto K10 and Celerio and bring out the S-Cross and Vitara Brezza with the K15B petrol engine.