India’s largest automobile manufacturer – Maruti Suzuki has announced that they have increased the prices of all the models. The new price is effective from today and the highest price hike is of Rs 34,000 on the ex-showroom, Delhi price. Maruti Suzuki says that the price increase is due to the rise in the input costs, including a steep hike in the price of the steel and other raw materials that are needed to make a car.
The entry-level Alto is now Rs 9,000 more expensive while the S-Presso gets a hike of Rs 7,000 or more. The premium hatchback Baleno gets a hike of Rs 19,400. Other models like the WagonR gets a hike between Rs 2,500 and Rs 18,200 depending on the variant. The Maruti Suzuki Vitara Brezza costs Rs 10,000 more than the 2019 model while the Celerio is now Rs 14,400 more expensive.
The calendar year 2020 has not been good for most of the manufacturers due to the lockdowns related to the COVID-19 pandemic. Earlier this month, Maruti Suzuki reported a 20.2 per cent increase in the overall sales in December month. The manufacturer sold 1,33,296 units in December 2020 as per an official statement by the manufacturer. Maruti Suzuki’s domestic sales have also increased by 17.8 percent to 1,46,480 units last month as against 1,24,375 units in December 2019. The sales of the small vehicles like the Alto and the S-Presso have increased by 4.4 percent to 24,927 units compared to 23,883 units in December 2019.
Maruti Suzuki’s utility vehicle sales including the Vitara Brezza, S-Cross and the Ertiga increased by 8 percent at 9,938 units in December as against 7,561 units in 2019. This year, as per predictions, Maruti Suzuki is expected to sell more vehicles and increase its profits too.
Upcoming Maruti Suzuki products
Maruti Suzuki discontinued all its diesel-powered model earlier this year due to the BS6 emission norms. All the vehicles in its line-up including the Vitara Brezza and the S-Cross are all powered by a petrol engine. However, Maruti Suzuki is reportedly working on the diesel engine engines that will comply with the new BS6 norms and will launch new products powered by the diesel engines soon.
Maruti Suzuki is also working on the all-new Vitara Brezza, which is expected to be launched by the end of this year or early next year. Other products to be launched by the manufacturer in the Indian market this year includes the 7-seater version of the WagonR, all-new Celerio, facelift Swift, and XL5. Maruti Suzuki has also started the production of the all-new Jimny in India. However, all the models produced here are for the export market. At a later stage, we may get the Indian-spec Jimny that will have five doors and will be longer than the international spec version. Maruti Suzuki said that they are closely watching the segment and will make a decision based on the success of the Mahindra Thar. The Mahindra Thar has been a runaway success for the brand and there is a waiting period of months on the vehicle based on the city and the variant.