India’s leading auto manufacturer Maruti Suzuki has increased the selling price of its diesel cars.
The diesel version of Swift and its sedan sibling, the Dzire became costlier by Rs 10,000 from Monday. Also, the diesel version of upper C segment SX4 sedan as well saw an increase in price by same amount. While price for Ritz hatchback has been raised by INR 2,000.
“There has been a critical upswing in the inputs cost and an adverse appreciation in the Japanese currency yen that had made imports costlier and forced this hike,” a company spokesperson said. The car-maker is currently working on normalizing production after a 55% decline in October to 50,487 units, a result of recurrent strikes since June at the Manesar plant. As an inevitable consequence, some models of Maruti come with a waiting period of as much as 9 months !!
Some of the reliable sources in the industry say that even Hyundai and Toyota are looking at price revisions.