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.

A worker walks at a Maruti Suzuki stockyard on the outskirts of the western Indian city of Ahmedabad. (Photo: Reuters)

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.

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

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)