Business Business: Maruti Suzuki is still in the news for rising car prices. In contrast, the company cut the prices of two entry-level cars in early September. Their names are “Alto K10” and “S-Presso”. The company has reduced the price of both. The reason for the price cut by the company may be an increase in sales. How much did the price of these cars fall? Maruti Suzuki has reduced the petrol price of S-Presso LXI by Rs 2,000. This has reduced the petrol price of Alto K10 VXI by Rs 6,500. In this sense, customers can now buy Alto K10 at an ex-showroom price of Rs 5.96 lakh, up from Rs 3.99 lakh. During this time, you can bring S-Presso home for Rs 4.26-6.11 lakh. All these prices are ex-showroom Delhi.
With a small hatchback, customers have to compromise not only on comfort but also on space and performance. In such a situation, people are insisting on buying expensive cars through financing. Apart from this, they also have an opportunity to strengthen and express the needs of the extended family. At the same time, sales of the company’s light vehicles including Alto and Espresso declined to 10,648 units in August 2024 from 12,209 units in the previous month.
