Maruti hikes car prices by up to Rs 5,250

October 03, 2012 14:11

The country's largest car maker Maruti Suzuki India on Wednesday hiked prices of its all models by up to Rs 5,250 with immediate effect to offset adverse impact of foreign exchange fluctuation and rising input costs.

"The average hike in the price across models is around 1 per cent and the range will be between Rs 2,500 and Rs 5,250," a company spokesperson said.

The price increase will take place with immediate effect, he added.

The company sells a range of models starting with the small car M800 to the luxury sedan Kizashi, which are priced between Rs 2.04 lakh and Rs 17.5 lakh (ex-showroom Delhi).

Last month, Maruti Suzuki India Chief Operating Officer (Marketing and Sales) Mayank Pareek had said the company would hike prices of its vehicles due to various factors.

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