After Hyundai, Maruti Suzuki launches unique initiative to protect buyers from petrol price hikes for 1 year
Subscribe to NewsletterPlease fill your name and email ID to get our daily auto news mailer.
In view of the biggest-ever hike in petrol prices in India, the country's largest car manufacturer, Maruti Suzuki India Limited (MSIL), has started a unique campaign called ‘Maruti Suzuki Petrol Price Hike Protection Scheme’. The objective of this initiative is to safeguard customers who buy a petrol-powered Maruti Suzuki car from any further increase in fuel price till May 01, 2013 or a distance of 12,000 km, whichever comes first. Such a move will not only protect buyers from the said hike, but also help the manufacturer push the lagging sales of its petrol-fuelled models. This scheme comes just a few weeks after rival car maker Hyundai rolled out the 'Petrol Price Lock Assurance' campaign for patrons who own Santro and i10 models.
Applicable on models like Alto, Alto K10, Estilo, WagonR, A-Star and Ritz, this unique scheme will be applicable only on cars bought till June 30, 2012. Therefore, buyers would be eligible for reimbursements on the petrol price hikes from the date of buying their new Maruti Suzuki car till May 01, 2013 or till they cover a total distance of 12,000 km. Under this initiative, the company will refund the amount paid by the customer for any increase in petrol prices up to Rs. 10 above the cost of petrol on May 01, 2012 (Rs. 65.64 per litre). However, only the original buyers of the cars sold under this scheme can file a claim for refunds and even if the vehicle is sold within the eligibility period, it will fall out of the ambit of the scheme.
Those who buy one of the selected Maruti Suzuki cars till June 30, 2012 will be given the copy a certificate that states the terms and conditions of this innovative initiative, while the original of the same will be retained by the dealership. Upon the completion of the period, they would have to provide this copy of the certificate with the requisite details to the dealership. The concerned Maruti Suzuki outlet will calculate the sum to be reimbursed keeping in mind factors like odometer reading, hike in petrol prices and ARAI-claimed fuel efficiency of the car as part of the ‘Maruti Suzuki Petrol Price Hike Protection Scheme’. Of the total sum, the company dealership will pay Rs. 1000 to the buyers, whereas the remaining figure will be paid by the manufacturer.
Any assurance is given that expences likely to be incrred to the manufacturer would not be covered in the cost of the vehicle and there would not be a price hike of prtrole vehicles in the said period?...GIMMIC..June 17 , 2012 by MURALIDHAR
IF THEY THOUGHT TO DELIVER ALTO DIESEL ENGINE IN Rs 2.5 LAC ,THEN MARUTI WILL GET SUCCESS IN HIS BUSINESS .June 15 , 2012 by ABHISHEK
Just to make people fool..Until election there cannot be petrol price hike. Petrol price will go down..June 14 , 2012 by Xyz
GOVERNMENT HAS ALREADY INCREASED THE PRICE FOR PETROL . NOW THERE WILL NOT BE ANY CHANGES TILL NEXT 1 YEAR. IF AT ALL ANY THEY WILL DECREASE THE PRICE . THATS IT.June 14 , 2012 by JITENDRA LAKHMANIA
JUST A GIMMICK. NOT USEFULJune 14 , 2012 by JITENDRA LAKHMANIA
Comments on this article
- Limited Edition Lamborghini Gallardo launched at Rs. 3.06 crore
- Honda CB Trigger introduced in North East region
- General Motors to recall 2.31 lakh cars
- Auto makers offering massive discounts on passenger cars to boost sales
- Tata Motors' discounts galore ending on June 20, 2013
- Indian auto makers facing hard time in luring buyers to showrooms
- Mahindra XUV500 wins two titles at Pitch Brands 50 Awards 2013
- Refreshed Tata Nano to be launched on June 19
14 June 2013, 11:18 IST by CarTrade Editorial Team
Datsun, the completely owned brand of Japanese auto maker Nissan, will be soon launching its new entry level hatchback in the Indian market. Reportedly, the company is all set to make its...
18 June 2013, 11:38 IST by CarTrade Editorial Team
Maruti Suzuki India Limited, the country’s largest passenger car maker, has added a new variant in the line up of Alto 800, named VXi. With a price tag of Rs 3.13 lakh (ex-showroom, Delhi),...
Under: Maruti Suzuki Alto 800
18 June 2013, 11:04 IST by CarTrade Editorial Team
Maruti Suzuki India Limited, the country's largest passenger car maker, is now offering a discount on its flagship model, Swift diesel, which has been already doing good in numbers. Also, the...
Under: Maruti Suzuki Swift
15 June 2013, 11:14 IST by CarTrade Editorial Team
Ford India, the domestic arm of American auto maker, has come up with new features for its flagship Classic sedan. The auto maker has introduced a limited edition model of Classic sedan in the...
Under: Ford Classic
Refreshed Tata Nano to be launched on June 19
Tata Motors, India's largest auto maker, is all set to introduce a refreshed version of its iconic hatchback Nano in the domestic auto market on June 19, 2013. The reworked model is expected
Volkswagen Cross Polo likely to be introduced in August 2013
Volkswagen, the domestic arm of German auto maker, seems to be preparing for the launch of Cross Polo in the Indian auto market somewhere in August this year. Reportedly, the model has been
Nissan Sunny gets DC Design treatment
Mid-size sedan Nissan Sunny has become the latest car to get a stunning interior makeover by DC Design, India's top luxury automobile design company. The customised Sunny model gets completely
Maruti Suzuki likely to introduce a facelift model of Swift hatchback
Maruti Suzuki India Limited, the country's largest passenger car maker, seems to be preparing to take the market by storm with the launch of another facelift version of its iconic Swift
Maruti Suzuki introduces VXi trim in Alto 800
Maruti Suzuki India Limited, the country’s largest passenger car maker, has added a new variant in the line up of Alto 800, named VXi. With a price tag of Rs 3.13 lakh (ex-showroom, Delhi),
Maruti Suzukiís offers discount on its Swift diesel
Maruti Suzuki India Limited, the country's largest passenger car maker, is now offering a discount on its flagship model, Swift diesel, which has been already doing good in numbers. Also, the
Maruti Suzuki introduces CNG variant of Ertiga for Rs. 6.5 lakh
Maruti Suzuki India Limited, the country's largest passenger car maker, has introduced the CNG variant of its much appreciated Ertiga Multi Purpose Vehicle (MPV) in the domestic car market.
Datsun gets ready to take on Maruti Suzuki on 15th July
Datsun, the completely owned brand of Japanese auto maker Nissan, will be soon launching its new entry level hatchback in the Indian market. Reportedly, the company is all set to make its