Maruti Suzuki to Hike Vehicle Prices This Month Due to Rise in Input Cost

Published:Nov 26, 202316:12

New Delhi, April 6: The nation's largest carmaker Maruti Suzuki India (MSI) on Wednesday mentioned it'll enhance costs of its whole mannequin vary this month amid rise in enter prices. Over the previous yr, the price of firm's automobiles continued to be adversely impacted due to enhance in numerous enter prices, the auto main mentioned in a regulatory submitting. "Therefore, it has become imperative for the company to pass on some impact of the above additional costs to customers through a price hike," it added. The firm has deliberate to enhance the costs in April and the hike will differ for various fashions. 2023 Maruti Suzuki Baleno Launched in India at Rs 6.35 Lakh, Check Features & Specifications. However, the corporate didn't disclose the quantum of the proposed value hike. MSI has already hiked automobile costs by round 8.8 per cent from January 2021 to March 2023 owing to fixed enhance in enter prices. The firm sells a variety of fashions ranging from Alto to S-Cross in the home market. (This is an unedited and auto-generated story from Syndicated News feed, SociallyKeeda Staff could not have modified or edited the content material physique)

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