Maruti Suzuki cuts prices of select trims of Alto K10, S-Presso

Maruti Suzuki India on Monday said it has reduced prices of select variants of the entry-level models Alto K10 and S-Presso with immediate effect. The price of S-Presso LXI Petrol has been reduced by Rs 2,000 and the price of Alto K10 VXI Petrol has been reduced by Rs 6,500, the auto major said in a regulatory filing.

The Alto K10 range is priced from Rs 3.99 lakh and Rs 5.96 lakh while the S-Presso trims are tagged between Rs 4.26 lakh and Rs 6.11 lakh (ex-showroom Delhi).

In August, sales of the company's mini segment cars, comprising Alto and S-Presso, declined to 10,648 units last month as against 12,209 units a year ago.

The reduction in prices might be aimed at boosting sales ahead of the festive season. As per reports, dealers currently have a huge amount of inventory.

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