The company has sent mails to its dealers across the country informing about a price hike on diesel versions of its compact cars Ritz and Swift and sedans DZire and SX4 between Rs 2,000 and Rs 10,000, sources said.
When contacted a company official confirmed the development. "MSI has raised prices of all its diesel cars with effect from Monday. In its mail to dealers, the company cited reasons of higher input costs and unfavourable yen appreciation," a source said.
The strengthening of yen has increased the cost of import of components from Japan.
The company has hiked the price of the diesel variants Ritz by Rs 2,000, while that of Swift, SX4 and DZire have been raised by Rs 10,000 each.
Before this hike, the diesel version of the Ritz was priced between Rs 4.93 lakh and Rs 5.29 lakh. Swift is priced at Rs 5.17 lakh-Rs 6.38 lakh range.
While the DZire is priced at Rs 5.86 lakh-Rs 7.20 lakh, SX4 is available between Rs 7.79 lakh and Rs 9.01 lakh. All the above prices are for ex-showroom, Delhi.