Swift production halt: Global auto supply chains are feeling the heat as China tightens rare earth mineral exports, disrupting production at Suzuki, Ford, BMW, and others
Car market leader Maruti Suzuki India on Thursday said it will hike prices by up to Rs 32,500 across various models from February 1 to partially offset the rise in input costs. Due to rising input costs and operational expenses, the company plans to increase car prices, starting February 1, 2025, Maruti Suzuki India said in a regulatory filing. "While the company is committed to optimising costs and reducing the impact on the customers, we are constrained to pass on some of the increased expenses to the market," it added. Under the revised prices, the company's compact car Celerio will see an increase in ex-showroom prices by up to Rs 32,500, while that of premium model lnvicto by up to Rs 30,000. The company's popular model Wagon-R price will go by up to Rs 15,000 while that of Swift by Rs 5,000. SUVs Brezza and Grand Vitara will see price hikes by up to Rs 20,000 and Rs 25,000, respectively. Entry-level small cars Alto K10 prices will rise by up to Rs 19,500 and that of S-Presso
How the Swift changed Maruti's and Suzuki's way of thinking
The car can be bought through Maruti Suzuki Subscribe with an all-inclusive monthly subscription fee starting from Rs 17,436
The new Maruti Suzuki Swift is all set to release in India on May 9. The Swift offers a brand-new engine which is powered by a 1.2-litre Z series 3-cylinder petrol engine
The top of the line version is priced at 8.41 lakh (ex-showroom Delhi)
As city SUVs gained in popularity, premium sedans saw their sales wane and some products even got yanked from the market altogether
Maruti Suzuki drives a purpose-led campaign for its 15-year-old hatchback, hopes to keep its premium positioning with a younger set of car buyers
3rd generation Swift is light weight and rigid