Maruti hikes prices by up to Rs7,500 across segments

The country's largest car maker Maruti Suzuki India raised the prices of all its models, expect Alto, by up to Rs7,500, citing a sharp increase in input costs.

The new prices are applicable with immediate effect, the company said.

"Due to a sharp increase in the input costs, Maruti Suzuki India has decided to pass on a part of this cost impact to customers," the company said in a statement.

The price revision, however, will not include its largest selling model Alto, it added.

"The approximate price revision on various models (Ex Showroom, Delhi) ranges between Rs2,000 and Rs7,500. The price increase ranges between 1% and 1.5%," the statement said.

The hike comes on a day when the company reported its best ever domestic monthly sales for July at 90,114 units, a 33.45% increase from 67,528 units in July 2009.

Maruti Suzuki India today reported 29.18% jump in its total sales, including exports, for July at 1,00,857 units. It had sold 78,074 units in the same month last year.

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