The country's largest car maker Maruti Suzuki India has raised the prices of the new diesel variants of its sedan DZire by up to Rs 12,000 from this month, citing input costs pressure.
"The company is feeling the pressure of input costs. To mitigate the impact, we have hiked the prices of only diesel variants of the new DZire with effect from May 1," a senior Maruti Suzuki India (MSI) official said.
The company has increased the rates of the model between Rs 8,000 and Rs 12,000, he added.
In March, the company had increased the prices of its entire range of vehicles by up to Rs 17,000 following the hike in excise duty in the Budget for 2012-13.
Prior to this, Maruti Suzuki Indai had raised the prices in January this year for its all vehicles (except for DZire) by 0.3-3.4 per cent due to rising input costs. This translated into a minimum increase of Rs 2,400 on the SX4 sedan and a maximum of Rs 17,000 on the diesel variant of its Swift hatchback.
"The company is feeling the pressure of input costs. To mitigate the impact, we have hiked the prices of only diesel variants of the new DZire with effect from May 1," a senior Maruti Suzuki India (MSI) official said.
The company has increased the rates of the model between Rs 8,000 and Rs 12,000, he added.
In March, the company had increased the prices of its entire range of vehicles by up to Rs 17,000 following the hike in excise duty in the Budget for 2012-13.
Prior to this, Maruti Suzuki Indai had raised the prices in January this year for its all vehicles (except for DZire) by 0.3-3.4 per cent due to rising input costs. This translated into a minimum increase of Rs 2,400 on the SX4 sedan and a maximum of Rs 17,000 on the diesel variant of its Swift hatchback.
This article was Posted by:
Antony Kunjachan
Source: News @ Economic Times
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