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Get Ready to Shell Out More, Maruti Suzuki Hikes Car Prices

The decision by Maruti Suzuki comes after the government proposed infra cess at the Union budget 2016-17.

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Car and Bike
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Post the Union Budget 2016-17, it was clear that the cars will become more expensive. After price hike announcements by Mercedes-Benz, Tata Motors, Hyundai and Honda, Maruti Suzuki too has decided to hike the prices of their entire model range available in the country.

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Following the infrastructure cess on automobiles in the Union Budget 2016-17... prices of models would go up in the range of Rs 1,441 to Rs 34,494 across its models.
Statement by Maruti Suzuki India
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Maruti Suzuki Ciaz SHVS and Ertiga SHVS will not see a surge in price as they are hybrid models and are exempted from the infrastructure cess proposed in the Union Budget 2016-17.

The government has decided to impose 2.5 per cent cess on diesel vehicles of length not exceeding 4 metres and engine capacity not exceeding 1,500 cc while higher engine capacity SUVs and bigger sedans were slapped with a cess of 4 percent on the value of the car. These are over and above a cess of 1 percent on petrol/ LPG/CNG driven vehicles of length not exceeding 4 metres and engine capacity not exceeding 1,200 cc.

(with inputs from PTI)

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Topics:  Union Budget   Tata Motors   Maruti Suzuki 

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