New Price Updates for Popular Models
India’s largest car manufacturer, Maruti Suzuki, has announced a price increase for several of its popular models. The premium hatchback Baleno will now cost up to ₹9,000 more, while the compact Celerio has seen a substantial hike of ₹32,500.
Price Hike Details for Baleno
Maruti Suzuki confirmed that the starting price for the Baleno will now be ₹6.7 lakh (ex-showroom), with the top variant costing up to ₹9.92 lakh in cities like Mumbai and Delhi. The increase varies by variant, with AGS versions seeing a ₹9,000 hike, while other trims have gone up by ₹4,000.
Other Models Witness Price Hikes
Several other models have also become more expensive, including Brezza, Wagon R, Alto K10, Grand Vitara, and S-Presso. The price adjustments, effective from February 1, are as follows:
| Model | Price Increase (₹) |
|---|---|
| Celerio | ₹32,500 |
| Brezza | ₹20,000 |
| Alto K10 | ₹19,500 |
| Wagon R | ₹15,000 |
| Dzire | ₹10,000 |
| Baleno | ₹9,000 |
| S-Presso | ₹5,000 |
Maruti’s Commitment Amid Cost Challenges
Maruti Suzuki has stated its commitment to minimizing costs for customers but noted that rising operational expenses have made it necessary to pass some of these costs onto the market.
Market Performance and Sales
Maruti Suzuki holds a 40% share of the Indian automobile market. In November 2024, the company reported sales of 1.44 lakh cars, marking a 7.46% year-on-year growth. Sales of utility vehicles like Brezza, Forza, and Grand Vitara witnessed a 17% annual rise, demonstrating strong consumer demand despite price adjustments.
