French automaker Citroen has implemented a significant price revision for its popular Citroen C3 model in the Indian market, alongside adjustments for other vehicles like the Aircross and Basalt. This move aligns with a broader trend of price hikes across the automotive industry in India, driven by escalating input costs.
Substantial Price Increase for Citroen C3
The Citroen C3 has seen its price surge by up to ₹40,000, depending on the specific variant. Previously, the car was priced between ₹4.80 lakh and ₹9.05 lakh (ex-showroom). Following this latest revision, the new price range now spans from ₹4.95 lakh to ₹9.45 lakh (ex-showroom), marking a notable upward shift for prospective buyers.
Industry-Wide Context of Price Hikes
This price adjustment by Citroen comes at a time when several other automakers in India have also announced increases for their vehicles across various segments. These widespread hikes are primarily attributed to rising input costs, which include the increased expense of raw materials, persistent inflation, and fluctuating foreign exchange rates. Such economic factors are compelling manufacturers to pass on some of the burden to consumers to maintain profitability.
Detailed Variant-Wise Price Comparison
For those considering purchasing the Citroen C3, here is a comprehensive breakdown of the old versus new prices across different variants:
- Live MT: New price is ₹4.95 lakh, up by ₹15,000 from the old price of ₹4.80 lakh.
- Live (O) MT: Priced at ₹5.49 lakh, with no change from the previous amount.
- Feel MT: Now costs ₹5.85 lakh, an increase of ₹15,000 over the old price of ₹5.70 lakh.
- Feel (O) MT: Increased to ₹6.80 lakh, up by ₹15,000 from ₹6.65 lakh.
- Shine MT: New price is ₹7.63 lakh, reflecting a substantial hike of ₹40,000 from ₹7.23 lakh.
- Shine Turbo MT: Priced at ₹8.74 lakh, up by ₹40,000 from ₹8.34 lakh.
- Shine Turbo AT: Now costs ₹9.45 lakh, an increase of ₹40,000 from ₹9.05 lakh.
It is important to note that the price increases for the Shine trims include the cost of a mandatory 360-degree camera, which is installed at the dealership level. This addition contributes to the higher hike observed in these variants.
Key Takeaways for Buyers
Under this price revision, the Live (O) MT trim stands out as the only variant that has not received any price hike, maintaining its previous cost. In contrast, the base Live MT variant has become costlier by ₹15,000, while the Shine trims have experienced the maximum increase of ₹40,000. This revision underscores the varying impact across different models and highlights the importance for consumers to review specific variant details when planning their purchase.
As the automotive sector navigates economic challenges, such price adjustments are becoming more common, affecting affordability and purchasing decisions in the competitive Indian passenger vehicle market.