With the next phase of BS-VI norms coming our way, All major carmakers have been gearing up to beat the heat by increasing the prices of their existing models. The first one is Tata, which recently increased the prices of its entire India lineup.
Tata Motors is closely followed by the OG of the Indian automobile industry, MSIL or Maruti Suzuki India Pvt Ltd. Going by the latest media reports, the homegrown carmaker plans on increasing the prices of its entire India lineup from January 2023.
- This price hike will be applicable to models sold under Arena as well as the Nexa dealerships.
- Although, the brand hasn’t revealed the exact quantum of the amount to be hiked.
- This decision has been taken due to the upcoming and more stringent Phase II of the BS-VI norms applicable from April 2023.
- It was this year in April when Maruti hiked the prices by almost 1.3% for all its existing models.
- Just to balance things out Maruti Suzuki has also started its year-end discounts.
- Maruti is currently offering discounts on the Alto 800, Alto K10, WagonR, Dzire, & Swift.
- With this Maruti has also increased its production by 5% this year to overcome its pending orders which amount to over 1,50,000.
- Although, certain automotive critics suggest that, This price hike from Maruti Suzuki might result in fewer sales numbers which indeed could land the homegrown carmaker in trouble.
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