Maruti Suzuki’s Alto and S-Presso get cheaper

Maruti Suzuki on Monday announced a reduction in prices of select variants of two models amid the growing inventory concerns in the automobile industry and decline in sales.

Effective from today, price of S-Presso LXI Petrol, originally priced at Rs 5.01 lakh (ex-showroom), has been reduced by Rs 2,000.

Meanwhile, price of the Alto K10 VXI Petrol has been reduced by Rs 6,500. The Alto K10 range is priced from Rs 3.99 lakh and Rs 5.96 lakh.

Maruti Suzuki reported a 3.9 per cent decline in total vehicle sales for August 2024 with 181,782 units sold, down from 189,082 units in the same month last year.

The company’s August sales comprised 145,570 units sold domestically and 26,003 units exported.

The decline in overall sales is primarily due to a significant drop in the mini and compact segments, where sales fell to 68,699 units from 84,660 units in August 2023.Domestic passenger vehicle sales saw a decline in the previous month, with Maruti Suzuki selling 143,075 units, down from 156,114 units in August 2023.

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