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

Published:Nov 22, 202318:38
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Maruti Suzuki to Hike Vehicle Prices This Month Due to Rise in Input Cost

New Delhi, April 6: The nation's largest carmaker Maruti Suzuki India (MSI) on Wednesday stated it should enhance costs of its total mannequin vary this month amid rise in enter prices. Over the previous yr, the price of firm's autos continued to be adversely impacted as a consequence of enhance in varied enter prices, the auto main stated 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 corporate has deliberate to extend the costs in April and the hike will fluctuate for various fashions. 2022 Maruti Suzuki Baleno Launched in India at Rs 6.35 Lakh, Examine Options & Specs. Nevertheless, the corporate didn't disclose the quantum of the proposed worth hike. MSI has already hiked automobile costs by round 8.8 per cent from January 2021 to March 2022 owing to fixed enhance in enter prices. The corporate sells a variety of fashions ranging from Alto to S-Cross within the home market. (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Workers might not have modified or edited the content material physique)

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