Maruti, Toyota hike car prices, others to follow | autos | Hindustan Times
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Maruti, Toyota hike car prices, others to follow

autos Updated: Apr 02, 2010 20:35 IST
HT Correspondent

The country’s largest car maker Maruti Suzuki India Ltd on Friday revised prices across all its models citing rising cost of inputs like steel and rubber and upgradation of engines due to stricter BS IV emission norms that came into effect in thirteen cities since Thursday.

The increase ranges from Rs 1,000 on A Star and Ritz, Rs 2,500 on Estilo, Rs 3,000 on Omni, Rs 3,750 on Swift, Rs 7,000 on Swift Dzire and Rs 9,000 on SX4. The company also discontinued the introductory price of the recently-launched multi purpose vehicle Eeco, increasing its price by Rs 10,000. Prices of the BS III compliant Maruti 800 and Omni (LPG) were also
raised by Rs 3,000 while the Gypsy became dearer by Rs 10,000. The increase is with immediate effect.

Except for the M800, BS IV compliant vehicles from Maruti will ply all across the country.

Toyota Kirloskar Motor Ltd also increased prices of its cars between Rs 5,000 and Rs 23,000 for upgrading them to meet BS IV norms. Its best-selling Innova will now be dearer by Rs 20,000 and Rs 23,000, while the Corolla will be costlier by Rs 5,000 and Rs 14,000. Its latest success Fortuner will see a price increase of Rs 10,000.

Others like Hyundai, Tata, Honda, Ford and General Motors are expected to increase prices next week. Hyundai said the increase would be around 1-3.5 per cent across its range. GM will hike prices by April 6.