Maruti hikes DZire price by up to Rs12,000

In March, Maruti Suzuki increased prices of its entire range of vehicles by up to Rs17,000 following the hike in excise duty in the Budget

New Delhi: The country's largest car maker Maruti Suzuki India has raised the prices of the new diesel variants of its sedan DZire by up to Rs12,000 from this month, citing input costs pressure, reports PTI.

"The company is feeling the pressure of input costs. To mitigate the impact, we have hiked the prices of only diesel variants of the new DZire with effect from 1st May," a senior Maruti Suzuki India (MSI) official said. The company has increased the rates of the model between Rs8,000 and Rs12,000, he added.

In February this year, MSI had rolled out a shorter version of its entry-level sedan DZire at an introductory price between Rs4.79 lakh and Rs7.09 lakh (ex-showroom, Delhi). The company priced the petrol variants of the new DZire between Rs4.79 lakh and Rs6.54 lakh, while the diesel ones come for Rs5.80 lakh to Rs7.09 lakh.

The new model is available in both petrol and diesel options and it qualifies for the excise duty of 10% enjoyed by small cars as it is shorter than 4 metres.

While the petrol version is powered by a 1.2 litre engine, the diesel one has a 1.3 litre engine. An automatic transmission variant is also available in the petrol version.

MSI continues to produce the old DZire in some specific entry-level variants to target the fleet segment. The prices of the existing DZire ranges between Rs4.94 lakh and Rs7.29 lakh (ex-showroom Delhi).

In March, the company had increased the prices of its entire range of vehicles by up to Rs17,000 following the hike in excise duty in the Budget for 2012-13.

Prior to this, MSI had raised the prices in January this year for its all vehicles, except for DZire, by 0.3-3.4% due to rising input costs. This translated into a minimum increase of Rs 2,400 on the SX4 sedan and a maximum of Rs 17,000 on the diesel variant of its Swift hatchback.

User

Unquoted: Blazon Marbles,G-Tech Info Training

Stories of price manipulation

Blazon Marbles (Rs185)

Blazon Marbles, earlier called...

Premium Content
Monthly Digital Access

Subscribe

Already A Subscriber?
Login
Yearly Digital+Print Access

Subscribe

Moneylife Magazine Subscriber or MSSN member?
Login

Yearly Subscriber Login

Enter the mail id that you want to use & click on Go. We will send you a link to your email for verficiation
Madras Cements: Solid foundation

Madras Cements is the flagship company of the Ramco group, a well-known business group in...

Premium Content
Monthly Digital Access

Subscribe

Already A Subscriber?
Login
Yearly Digital+Print Access

Subscribe

Moneylife Magazine Subscriber or MSSN member?
Login

Yearly Subscriber Login

Enter the mail id that you want to use & click on Go. We will send you a link to your email for verficiation

We are listening!

Solve the equation and enter in the Captcha field.
  Loading...
Close

To continue


Please
Sign Up or Sign In
with

Email
Close

To continue


Please
Sign Up or Sign In
with

Email

BUY NOW

The Scam
24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
Moneylife Magazine
Fiercely independent and pro-consumer information on personal finance
Stockletters in 3 Flavours
Outstanding research that beats mutual funds year after year
MAS: Complete Online Financial Advisory
(Includes Moneylife Magazine and Lion Stockletter)