MUL hikes prices

By Our Special Correspondent

NEW DELHI, JAN 10. Maruti Udyog Ltd. (MUL) has hiked the prices of its various models by 0.3 to 2.5 per cent with immediate effect. It attributes the increase to higher cost of raw materials and other inputs in the last quarter. Depreciation of the rupee too has led to the cost increase. The company claimed only a part of the increase has been passed on to the customer.

The company's main stay - Maruti 800 variants - will be dearer by Rs. 2,000 to Rs. 5,000 (ex-showroom) while Omni and Zen rates are up marginally. Esteem prices are higher by Rs. 5,000 to Rs. 10,000 while in the case of Baleno, the increase is stiffer by another Rs. 5,000. Some Wagon R and all Alto models will cost more by Rs. 7,000 to Rs. 8,000.

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Section  : Business
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