The increment on the Maruti cars will range between Rs. 1441/- and Rs. 34,494/- while the prices of Ciaz SHVS and Ertiga SHVS will remain unchanged due to the hybrid system.
Maruti Suzuki on Thursday announced a price hike across its model range and on all the trims due to the additional infra cess levied by the 2016 Union Budget. India’s largest automaker has announced that the price hike will range between Rs. 1441/- and Rs. 34,494/- depending on the price and engine of the model.
Though the SHVS variants of the Ciaz and Ertiga are powered by diesel engines and the highest tax is levied on diesel vehicles, they won’t be affected due to the presence of the mild hybrid system. Maruti sells a range of four-wheelers starting from the Alto 800 with a price tag of Rs. 2.54 lakhs to the S-Cross costing Rs. 11.69 lakhs (ex-showroom, Delhi).
Other manufacturers such as Tata Motors, Mercedes-Benz, Hyundai, etc. have also announced a price hike due to the additional taxes and hence, the entire car market will experience a hike. The additional taxes are levied in order to tackle the increasing air pollution due to vehicular emissions.
Union Budget 2016-17 has levied 1% infra cess on small petrol, CNG, LPG cars measuring less than 4-metres with an engine capacity of less than 1200cc while small diesel vehicles measuring less than 4-metres with an engine capacity of less than 1500cc will be charged with 2.5% infra cess and the S-Cross is entitled to 1% additional tax which is levied on luxury cars with a price tag of more than Rs. 10 lakhs.
Maruti Car Prices Hiked
– Maruti Suzuki has announced a price hike across all its models
– The increment will range between Rs. 1441/- and Rs. 34,494/- depending on the price and engine of the model
– The price hike is levied due to additional infra cess levied by Union budget 2016-17