New Delhi, December 06, 2018 : Maruti Suzuki India Ltd. Wednesday said it will increase the prices of its vehicles across various models from next month due to the adverse impact of increase in commodity prices and foreign exchange rates.
The company, however, did not specify by how much the prices of its vehicles would increase and the price increase shall vary for different models.
Currently, the company is working out the range, a company official said.
At present, the Maruti Suzuki cars range start from the entry-level Alto 800 to the premium crossover S-Cross priced between Rs. 2.53 lakh and Rs. 11.45 lakh.
Yesterday, utility vehicle maker Isuzu Motors India said in a statement that the prices of D-MAX pick-ups and mu-X SUV will increase upto Rs. 1 lakh from 1 January, 2019.
Last month, Toyota Kirloskar Motor had also announced that it would increase prices of vehicles across models by upto 4 per cent from January, 2019, to balance the increased manufacturing costs due to rupee depreciation.