Maruti Suzuki hikes prices of its cars by 1.7%

The latest price hike comes just a few weeks ahead of the arrival of the Baleno facelift.

As per a regulatory filing made at the Bombay Stock Exchange (BSE), Maruti Suzuki has hiked the prices of its cars by 1.7%. The revised prices have come into effect from January 15, 2022.

It's fairly common for carmakers to raise prices across models at the beginning of the new year and Maruti Suzuki is no exception. The prices have been raised due to rising input costs.

Last year, Maruti Suzuki had increased the prices of its car on three occasions. In January, prices were hiked by up to Rs. 34,000 and in April prices went up by 1.6%. The prices were raised again by 1.9% in September.

The latest price hike comes just a few weeks ahead of the arrival of the Baleno facelift, which is rumoured to be launched in February 2022. Maruti will also be launching the updated Brezza later this year.