April 20, 2021

Maruti Suzuki hikes costs of choose autos by as much as Rs 34,000

NEW DELHI: The nation’s largest carmaker Maruti Suzuki India on Monday stated it has elevated the value for choose fashions by as much as Rs 34,000 to offset hostile affect of rising enter prices. The corporate is rising the worth for choose fashions owing to a rise in numerous enter prices…The brand new costs are efficient from January 18, 2021, Maruti Suzuki India stated in a regulatory submitting.

The value change varies throughout fashions and ranges as much as Rs 34,000 (ex-showroom-Delhi), it added.

Whereas the corporate didn’t specify the fashions, based on supplier sources the worth hike impacts most of its fashions however choose variants of sure fashions have left untouched by the rise in costs.

Final month the corporate had stated it could enhance costs of its autos from January to offset the hostile affect of rising enter prices.

Over the previous yr, the price of the corporate’s autos have been adversely impacted resulting from enhance in numerous enter prices, it had stated.

Earlier than the hike, Maruti Suzuki’s vary of autos have been priced from Rs 2.95 lakh for the entry-level small automobile Alto to as much as Rs 11.52 lakh for the multi-purpose automobile XL6.