Categories: Business

Maruti Suzuki increases prices of select models

New Delhi, Aug 1 (IANS) Automobile manufacturer Maruti Suzuki on Monday announced increase in prices of select models.

According to the company, the price increase range from Rs 1,500 to Rs 5,000 (ex-showroom Delhi).

"In case of newly-launched models like Vitara Brezza and Baleno, the prices are being increased by up to Rs 20,000 and upto Rs 10,000, respectively," the company said in a statement.

"This price revision is based on factors like segment-wise demand, forex movements and strategic objectives of the company."

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