Maruti Suzuki India to Hike Prices of Its Models from January 2023
While the company makes maximum effort to reduce cost and partially offset the increase, it has become imperative to pass on some of the impact through a price increase, it added.
New Delhi, December 2: The country's largest carmaker Maruti Suzuki India on Friday said it will increase prices of its models with effect from next month. In a regulatory filing, the company said it continues to witness increased cost pressure driven by overall inflation and recent regulatory requirements. Maruti Grand Vitara CNG to Toyota Hyryder CNG, Here's Top 6 SUVs to be Lunched in India in December 2022.
While the company makes maximum effort to reduce cost and partially offset the increase, it has become imperative to pass on some of the impact through a price increase, it added. 2024 Mercedes-Benz E-Class Gets Spied Revealing Design Details Prior Global Debut.
The company has planned the price increase in January 2023 which shall vary across models, the auto major said without disclosing the exact quantum of the increase.