The company has also informed that they have cut the price of the Maruti Suzuki S-Presso LXI petrol variant by Rs 2,000.
New Delhi: Maruti Suzuki India (MSI) has decided to slash the rates of selective variants of their Alto K10 and S-Presso vehicles. The company has informed the exchanges on September 2. “Maruti Suzuki has announced a reduction in prices of select variants of Alto K10 and S-Presso with effect from today i.e. September 2, 2024,” the company stated.
The company has also informed that they have cut the price of the Maruti Suzuki S-Presso LXI petrol variant by Rs 2,000. And the price of the Maruti Suzuki Alto K10 VXI petrol variant has been reduced by Rs 6,500, it added.
Maruti Suzuki, in its exchange filing on September 1, said that the company has reported nearly a 3.9 per cent decline in sales, at 181,782 units in August 2024, compared to 189,082 units in August 2023.
August sales for the company include 145,570 units sold domestically and 26,003 units exported.
The automaker’s August sales decline was fueled by the fall in sales figures in the small car segment which covers the mini and compact cars. The sales declined 18.85 per cent to 68,699 units in August 2024, compared year-on-year (YoY) with 84,660 units the previous year, as per the sales data in the filing.