The increase in price for the newly launched compact SUV Vitara Brezza will be Rs. 20,000 while that of new premium hatchback Baleno is Rs. 10,000.
On a select range, the price hike will be between Rs. 1,500 and Rs. 5,000, Maruti Suzuki India (MSI) said in a regulatory filing.
On
reasons for the hike, MSI said, “This price revision is based on
factors like, segment-wise demand, forex movements and strategic
objectives of the company.”
The hike is effective from today, it added.
The company sells a range of models starting from hatchback Alto 800 to premium crossover S-Cross, priced Rs. 2.45 lakh to Rs. 12.03 lakh (ex-showroom Delhi).
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