Maruti Suzuki India Limited (MARUTI) has announced a reduction in prices for select variants of its popular models, effective September 2, 2024. Key details include:
- Alto K10:
- VXI Petrol variant price reduced by Rs 6,500
- S-Presso:
- LXI Petrol variant price reduced by Rs 2,000
This move by India’s largest carmaker could potentially boost sales in the entry-level segment, which has been facing challenges in recent times. The price cuts come at a time when the auto industry is gearing up for the festive season, traditionally a period of increased car sales in India.
Investors and industry analysts will be watching closely to see how this price reduction impacts Maruti Suzuki’s sales volumes and market share in the competitive small car segment.
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