Maruti Suzuki Alto K10, S-Presso prices reduced this month

The price cut comes at a time when the small car segment is witnessing a slump in sales.

Maruti Suzuki has reduced the prices of select variants of the Alto K10 and S-Presso this month. Prices have been slashed by up to Rs 6,500.

According to the company, prices of certain variants of the Alto K10 and S-Presso have been reduced, effective September 2, 2024. The Alto K10 VXI gets a price cut of Rs 6,500, while the S-Presso LXI variant is Rs 2,000 cheaper than before.

The price cut comes at a time when the small car segment is witnessing a slump in sales. Maruti Suzuki’s compact car sales dropped from 12,209 units in August 2023 to 10,648 units last month. By reducing the prices, the carmaker may be looking at boosting sales of its compact cars this festive season.

On the contrary, the SUV sales are booming. Maruti Suzuki recorded a 7% growth in this segment with sales rising from 58,646 units in August 2023 to 62,684 units last month.

Source: Business Standard