The Hindu : Maruti hikes prices

Online edition of India's National Newspaper
Saturday, Jan 10, 2004

Business

Business

Maruti hikes prices

By Our Special Correspondent

NEW DELHI, JAN. 9. Maruti Udyog today announced marginal increases ranging from 0.2 to 0.75 per cent in prices of its main models and variants with immediate effect. The variants and models include the highest-selling cars like M800, Alto, WagonR and Zen.

According to the company's announcement, the lowest price hike of Rs. 671 has been effected on Maruti's premium small car Alto which would now cost Rs. 2.65 lakhs, Rs. 2.85 lakhs and Rs. 3.66 lakhs (all Ex-showroom Delhi) for the LX, Lxi and Vxi variants respectively.

The price of the bread-and-butter model Maruti 800 Standard and Standard AC models has been upped by Rs. 1,526 to Rs. 2.04 lakhs and Rs. 2.27 lakhs respectively. The price of the 8-seater and 5-seater Omni van has been increased by Rs. 1,239 to Rs. 2.23 lakhs and Rs. 2.21 lakhs respectively. Similarly for the three models of premium small car WagonR, LX, Lxi and Vxi, there has been a Rs. 1,500 rise to Rs. 3.27 lakhs, Rs. 3.54 lakhs and Rs. 3.78 lakhs respectively. sThe price of two versions of the premium small car Zen, namely, LX and Lxi has been hiked by Rs. 2,000 to Rs. 3.34 lakhs and Rs. 3.61 lakhs respectively while that of the Vxi variant has been increased by Rs. 1,069 to Rs. 3.91 lakhs.

The mid-size car Esteem is now dearer by Rs.1,053 to Rs. 4.67 lakhs, Rs. 5 lakhs and Rs. 5.40 lakhs for the LX, Lxi and Xi versions respectively.

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