HomeAuto NewsMaruti Suzuki hikes prices again; here’s how much its models will cost from September 2021

Maruti Suzuki hikes prices again; here’s how much its models will cost from September 2021

Maruti Suzuki India on Monday revealed another hike across models, it’s fourth this year. Here is a look at how the recent increase will impact the pockets of the prospective customers looking to purchase vehicles from India’s biggest four-wheeler company in terms of market share.

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By CNBCTV18.com September 3, 2021, 2:55:09 PM IST (Updated)

Maruti Suzuki hikes prices again; here’s how much its models will cost from September 2021
maruti suzuki, cci, maruti suzuki share price news
Maruti Suzuki India (MSIL) has already hiked the prices of all its models thrice in the last eight months. The car major on Monday revealed another hike across models in September. It has on offer a total of 16 models, including eight hatchbacks, two sedans, one SUV car, two crossover cars, three MUVs and currently holds a market share 48.61 percent as of July 2021. When the first hike was announced in January 2021, the company increased prices by 1 to 6 percent. The company blamed an increase in input costs for the hike. Maruti cars became expensive between Rs 5,000 and Rs 34,000 depending on the model. Another revision in April saw a further rise in its prices and in July, there was another price hike that saw prices go up between Rs10,000 and Rs 15,000.



1: Maruti's popular hatchback Swift was the best-selling model last month clocking 19314 units. The first-ever Maruti Swift was launched in May 2005 in the petrol and diesel variant. (Image: MSI website/Caption: PTI)
Swift: Maruti Suzuki’s all-time bestseller, the New Swift in 2020 alone sold 160,000 plus units. It has a starting price of Rs 5.81 lakhs (ex-showroom) and goes up to Rs 8.56 lakhs. There was a price hike of Rs 15,000 in July after it was launched with a new facelift in February 2021. (Image: MSI website)


Maruti Suzuki Alto,
Alto: The next bestseller in its portfolio, Alto 800 saw a sale of 154,000 plus units in 2020. Sold at Rs 3 lakh (ex-showroom, Delhi) the company hiked it's Alto 800 (CNG) by Rs 10,000 in July 2021.


2: Maruti Nexa Baleno sold 18047 units in November making it one of the most popular cars in the segment. And with the company offering discounts of up to Rs 7500, the numbers are set to sour in December.
Baleno: The Baleno had sold nearly 154,000 units in 2020. This also saw a price hike of Rs 10,000 in July of this year. Though priced higher than the other entry models at Rs 5.9 lakhs (ex-showroom, Delhi), it is preferred by the Gen-X for its look and shape.



WagonR: Another popular car model for families, the Wagon R saw sales of 140,000 plus units in 2020. The Wagon R was hiked by Rs 10,000 in the same period and is being sold for Rs. 4.66 lakh (ex-showroom, Delhi).


Maruti Ertiga
Ertiga: A family van or MPV as coined by Maruti Suzuki, this is priced at Rs 7.78 lakhs (ex-showroom, Delhi) and goes up to Rs 10.56 lakhs. Even this model saw a price hike of Rs 10,000. Ertiga had sold nearly 100,000 units in 2020 alone.(Image: MSI website)


8: Maruti Suzuki’s hatchback offering, Celerio, saw an 81 percent increase in sales from October to November. Maruti sold 6,651 units of the car in November, a huge boost over 3,669 units it sold in the month prior.
Celerio:  A small and compact car, Celerio did not see much offtake in sales compared to others. It witnessed sales of nearly 60,000 units in 2020. Even this car had seen a price hike of Rs 10,000. The Maruti Suzuki Celerio X model is currently sold at Rs 4.99 lakh (ex-showroom, Delhi).


Ignis: Another small and compact car from the stable of Maruti Suzuki is the Ignis. This too did not see many sales in 2020 with only 27,000 units sold. Priced slightly lower than Celerio at Rs 4.89 lakhs (ex-showroom, Delhi) it has a long way to go. This model saw a hike between Rs 3,000 to Rs 10,000 in January 2021.


maruti-dzire
Dzire:  Though an older model when compared to the rest of the sedans, it still remains a good family choice as it is well within their budget. Priced at Rs 5.94 lakhs (ex-showroom, Delhi), this too had an increase in price in July by Rs 10,000. The company had sold 125,000 units in 2020.




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