The country’s most significant carmaker Maruti Suzuki Monday stated it will raise price ranges across its range of vehicles future month to offset an enhance in enter costs.
The firm did not specify the quantum of enhance.
“With reference to our previously communications with regard to price tag enhance, we wish to inform you that over the previous 12 months the cost of company’s vehicles continue to be adversely impacted due to enhance in different enter costs. For this reason, it has develop into very important to pass on some affect of the supplemental cost to the consumers as a result of a price tag rise”, Maruti Suzuki stated in a submitting. The firm experienced introduced its intention to raise automobile price ranges in the 2nd quarter previously in June this 12 months.
The statement included the price tag increase has been prepared across types in September 2021.
This will be the third price tag hike by the firm this 12 months citing commodity cost.
Maruti Suzuki experienced increased price ranges in April and January. On April 16, it introduced a one.six% weighted ordinary enhance in ex-showroom price ranges (Delhi) across types. On January eighteen, the automaker experienced hiked price ranges of some types by up to Rs 34,000.
Maruti Suzuki sells a range of types from entry-stage hatchback Alto to the S-Cross sedan, priced amongst Rs two.99 lakh and Rs 12.39 lakh (ex-showroom Delhi).
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