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