Maruti hikes prices

By Our Corporate Bureau | 06 Jan 2005

1

New Delhi: Maruti Udyog has announced a nominal increase in prices of all its models except the Maruti 800, which will be announced later. The hike varies from 0.3 per cent to 1.34 per cent or from Rs 2,000 to Rs 3,000.

As a result of the hike Alto, Baleno, Esteem, Zen, Versa and Wagon-R variants will become costlier by Rs 2,000 costlier while Omni and Gypsy models would get Rs 3,000 dearer.

The company cited rising input costs as the reason for the increase in prices.

The largest price increase has been on the Omni, which will now cost Rs2,27,177 up from the earlier Rs2,24,177.

This price increase comes after a year. Last year January Maruti Udyog had increased prices of M800, Alto, WagonR and Zen by 0.2 to 0.75 per cent. It had hiked the price of M800 and M800 AC version by Rs1,526 to Rs204,000 and Rs 227,000 respectively.

The price of the 8-seater and 5-seater Omni van was increased by Rs1,239 to Rs223,000 and Rs221,000, respectively.

Business History Videos

History of hovercraft Part 3 | Industry study | Business History

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2 | Industry study | Business History

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1 | Industry study | Business History

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | Industry study | Business History

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more
View details about the software product Informachine News Trackers