India's largest car manufacturer, Maruti Suzuki has announced an increase in prices of >select models. The price change varies across models and ranges up to Rs 10,000 (ex-showroom, Delhi). Maruti Suzuki mentions that the price change on select models is being done owing to an increase in commodity prices and foreign exchange rates etc. This does not include the Super Carry commercial vehicle. Price increase at the start of the year is a common practice wherein multiple automobile manufacturers increase the prices to justify the rise in foreign exchange and commodity prices.
Car prices in India have already reported a rise due to the ever-increasing fuel costs that affect transportation. Further, the higher interest rates to have had a negative effect on the car prices. These factors when paired with the rise in commodity prices have made the cars more expensive.
In other news, Maruti Suzuki has released an official teaser for the upcoming new generation Maruti Suzuki WagonR. The hatchback is set to launch in India on 23 January with deliveries commencing the month after. The tease shows the silhouette of the car and highlights the car new floating roof styling element. Also seen is the new black panel which extends from the rear windows and reduces the visual bulk of the large C-pillar. The new WagonR will be available in six colour options, Superior White, Silky Silver, Magma Grey, Autumn Orange, Nutmeg Brown and Poolside Blue. A look at the specs shows that this update of the Maruti Suzuki WagonR focusses on improving the hatchback's positive attributes like space and efficiency. It also does a good job of working on some of its flaws like safety, more powerful engines and looks