Maruti Suzuki and other Automobile manufacturers are likely to increase the prices of cars.

Maruti Suzuki India, the country's largest car manufacturer, will be increasing car prices from January 1, 2020. In the company's BSE filing, Maruti Suzuki has said that the increase in various input costs has adversely affected the cost of its vehicle. Therefore, the company has decided to pass on some impact of the additional cost to its customers through a price increase across various models. The price hike will happen across the company's model range and the amount will vary for different models, however, it's yet to decide on the quantum of the price hike.The company had attributed the price hike to the impact of rising commodity prices and foreign exchange rates. The cyclical price revision happens at the start of every year and has become a norm in the auto industry.As of now, Maruti Suzuki India's vehicle line-up starts from the entry-level Alto 800, which is priced between Rs. 2.88 lakh to Rs. 4.09 lakh, while the company flagship model, is priced at Rs. 9.79 lakh to Rs.11.46 lakh (all prices ex-showroom, Delhi). About 70 per cent of the company's line-up is already BS6 compliant, while the company is working on the remaining models. Maruti Suzuki has announced that it will phase out its smaller, 1.3-litre, diesel engine ahead of the BS6 deadline however the company might continue offering its new 1.5-litre diesel engine even after April 1, 2020.

Not only Maruti, most of the automobile manufacturers will be increasing their present price due to the transition. Moreover this issue has got serious impact on sales of automobiles.

Entry segment cars like Alto, WagonR, Kwid,Celerio,Hyundai Eon,Datsun Go ,Redi Go will have a hike of Rs 3000-5000.Mid Premium Hatchback cars like Tiago,Swift,i10,Figo will extent hike of Rs.5000-10000.Dzire and Baleno hot sellers will raise Rs.7000 to Rs.20000.Whereas Compact Suvs will witness a hike of Rs.10000 to Rs.20000.Executive, Premium SUVs and luxury cars will be raising their price as well.