Starting this month, a long list of car manufacturers including Maruti Suzuki India Limited has hiked the price tags of their cars. Maruti Suzuki has increased the price of its cars by up to Rs. 12,000. The average hike in the ex-showroom prices of most of Maruti cars is in the range of Rs. 1,000 to Rs. 4,000; it’s premium range Baleno hatch is costlier by Rs. 12,000.
Maruti Suzuki has also announced that driver airbag will feature as an option in all variants of Alto 800 and Alto K10. The Maruti Suzuki Baleno is also getting a new 1.4 Litre petrol engine. It could be a fallout of the court order prohibiting diesel driven cars in the nation’s capital.
The next big launch of the largest manufacturer of cars in India will be the Brezza Compact SUV. It will lock horns with other vehicles in this segment like the Ford EcoSport and the Mahindra TUV300.
Brezza looks as inspired by the Audi Q3 especially the front which bears a striking resemblance. Brezza will be unveiled at next month’s Auto Expo and will be positioned below the S-Cross.
Coming back to the price rise, other car makers have also increased the price of their cars. Honda car prices have seen an increase by Rs. 1,000 while Skoda prices have been hiked by Rs. 33,000. Toyota Kirloskar Motors have also increased the prices of their vehicles by up to Rs. 31,500 while Tata Motors hiked the price tag of its cars by Rs. 20,000.
The price hike by automakers in India comes at the beginning of 2016 while stocks of last year are still available. Hike in prices often helps to clear the old stocks faster since they are available at a higher discount.