Maruti Suzuki (India) Ltd, the country's largest carmaker, today announced a hike in the prices of its diesel cars by up to Rs10,000 with immediate effect. The company attributed the price hike to higher input costs and appreciation of Japanese yen.
With the price hike, the diesel versions of its compact cars Ritz and Swift and sedans DZiRE and SX4 will cost Rs2,000 to Rs10,000 more, reports quoting sources at the company's dealerships said.
The company has informed its dealers across the country about the price hike, sources said.
Reports quoting sources said the company's mail to its dealers cited reasons of higher input costs and unfavourable yen appreciation in as reasons for the hike.
A stronger yen has increased the cost of import of components from Japan
While the exact post-hike price is still not known, the increase will be over the current prices of these models. The diesel version of the Ritz was priced between Rs4.93 lakh and Rs5.29 lakh, Swift at Rs5.17 lakh - Rs6.38 lakh, DZiRE at Rs5.86 lakh - Rs7.20 lakh and the SX4 between Rs7.79 lakh and Rs9.01 lakh, ex-showroom