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Maruti Suzuki has recently revised the prices of its whole lineup in the Indian automobile market from 16th January, 2016. while other cars have received a hike in the range of INR 4,000-10,000, the newly launched Baleno has got a price hike in the range of INR 5,000 to 12,000. In the Baleno range, all variants have got a constant price rise by INR 5,000. However, the price tag of base Sigma variant in the petrol category has gained a hike of INR 12,000.
Launched at INR 4.99 Lacs on October 2015, the premium hatch is being sold at the Nexa outlets and more han 40,000 units have been alraedy booked by the customers. After the revised prices, the base Sigma variant in the petrol category is now avaiable at the retail price of INR 5.11 Lacs, and the Baleno Delta CVT is retailed at INR 6.81 Lacs. Moving on to the diesel guise, Baleno Sigma is tagged at INR 6.21 Lacs, whereas the Alpha can now be bought at INR 8.16 Lacs.
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Earlier in this month, as the new year approached, various other automobile brands had revised the prices of their respective offerings. This list includes names like Honda, Hyundai, Audi, BMW, General Motors, Renault and Nissan.
The fact that the automobile market is so vast and competetive, makes it obvious that any strategy formulated by one brand automatically affects others' decisions. Well, a price hike undoubtedly has an effect on the customers' choice of making a purchase decision, but when it comes to Maruti Suzuki, the brand has been enjoying unconditional love from its followers for a long time now.
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