Earlier last month, Maruti Suzuki announced a price hike, to be effective on its models from September 2021. Now, the carmaker has revealed that the price would be hiked on select models by 1.9 percent, effective September 6, 2021. The price increment ranges from Rs 1,000 to Rs 22,500, depending on the model.
- Vitara Brezza prices rise by Rs 10,000
- Ertiga now costs Rs 20,000 more than before
- Baleno prices increase by Rs 15,200 on some variants
Maruti Suzuki price hike: which models are affected?
Starting with Maruti’s entry level models, the Alto 800 has seen an uptick of up to Rs 16,100 in the ex-showroom price, depending upon its various trim levels. Similarly, the S-Presso sees a price hike of up to Rs 7,500. Meanwhile, the popular Wagon R and Swift have received a hike of up to Rs 12,500 and Rs 13,000, respectively. Prices for the Dzire have gone up by up to Rs 10,000.
Prices for the Vitara Brezza SUV are up by Rs 10,000, the Ertiga and the XL6 MPVs cost more by Rs 20,000 and Rs 12,300 respectively.
Meanwhile, the Baleno and Ignis see an increase in price by up to Rs 15,200 and Rs 14,680 for some variants. The Ciaz and the S-Cross are among the most affected by the hike, with prices going up by up to Rs 20,500 for each.
Maruti has also notably increased the price of the CNG-only Tour S by Rs 20,300. The Maruti Eeco sees the maximum hike of up to Rs 22,500.
Here’s a table summarising the quantum of price hike on each model.
Maruti Suzuki price hike September 2021 | |
---|---|
Model | Quantum of price hike |
Alto 800 | Up to Rs 16,100 |
S-Presso | Up to Rs 7,500 |
Wagon R | Up to Rs 12,500 |
Vitara Brezza | Up to Rs 10,000 |
Dzire | Up to Rs 10,000 |
Ertiga | Up to Rs 20,000 |
Swift | Up to Rs 13,000 |
Baleno | Up to Rs 15,200 |
Ignis | Up to Rs 14,680 |
Ciaz | Up to Rs 20,500 |
XL6 | Up to Rs 12,311 |
S-Cross | Up to Rs 20,500 |
Tour-S | Up to Rs 20,300 |
Eeco | Up to Rs 22,500 |
Maruti Suzuki price hike: why did prices go up again?
According to a regulatory filing, MSIL has cited rising input costs, including escalating prices of raw material such as steel and precious metals, as the key reason behind the soaring prices. Incidentally, while this is the company’s third official price hike, it is technically the fourth as it had earlier hiked prices of the Swift and its entire CNG range in July.
In a recent interview with our sister publication Autocar Professional, Sunjay Kapur, president, Automotive Component Manufacturers Association of India (ACMA), said, “There are strong headwinds with regard to the supply chain, including the chip shortage, raw material price increases, uncertainty around logistics in terms of non-availability of containers and shipping rates going through the roof. These are the key challenges and as an industry, we need to overcome them.”
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