- Maruti’s decision to reduce prices of two of its entry-level models comes amid declining sales as well as lower demand for small cars.
Maruti Suzuki has decided to cut prices of the Alto K10 and S-Presso, two of its most affordable cars in India, ahead of the festive season to boost sales. The carmaker, which has witnessed sales slump in the past couple of months, announced the price cut for the two entry-level cars today (September 2). The price cut, which is marginal, could help one save up to ₹6,500 depending on model and variants. The decision to cut price of some of the select variants of these two cars were announced during a regulatory filing today.
Maruti Suzuki has reduced the price of the LXi variant of the S-Presso by at least ₹2,000, taking its starting price under ₹5 lakh. The variant was previously sold at a price of ₹5.01 lakh (ex-showroom). Maruti sells the S-Presso at a starting price of ₹4.26 lakh (ex-showroom) which goes up to ₹6.11 lakh (ex-showroom) for the top-end variant.
Meanwhile the Alto K10 has seen its price go down by ₹6,500 for the VXI variant. The Alto K10 hatchback, one of the longest surviving car brand in India, is available at a starting price of ₹3.99 lakh (ex-showroom). Price of India’s most affordable car goes up to ₹5.96 lakh (ex-showroom) for the top-end variant.
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First Published Date: 02 Sep 2024, 11:07 AM IST