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Home -> Finance -> Full Story
Maruti announces nominal price hike of vehicles
Wednesday, January 8 2003 19:58 Hrs (IST)

New Delhi: Auto major Maruti Udyog Ltd (MUL) on January 8 hiked prices of its various models by up to about Rs 5,335 with its mid-size car Esteem reflecting the steepest increase.

Prices of its base model Maruti-800 (standard) have been increased by Rs 2,135 in Delhi (ex-showroom), while Esteem LX would cost Rs 5,335 more, a company spokesperson said.

"MUL has effected a nominal increase ranging from 0.33 to 1.7 per cent in the price of its models," the company said in a statement.

It, however, sought to retain its market share by offering insurance cover for Omni, Zen, Alto, Wagon R and Esteem for a token premium of Rs one for the first year. The scheme would be valid till February 28, the company said.

PTI







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