Maruti Suzuki hikes mannequin costs by as much as Rs 22,500 to offset rise in enter prices

The nation’s largest carmaker Maruti Suzuki India (MSI) on Friday stated it has hiked costs of most of its fashions by as much as Rs 22,500 with fast impact to partially offset the affect of the rise in enter prices.
Barring Celerio and Swift, all of the fashions of the corporate will probably be coated beneath the value enhance train.
“The company is increasing the price for select models owing to increase in various input costs,” the auto main stated in a regulatory submitting.

The weighted common value enhance in ex-showroom costs (Delhi) throughout fashions is 1.6 per cent, it added.
The new costs are efficient from Friday, MSI stated.
The firm sells numerous fashions starting from Alto to S-Cross, priced between Rs 2.99 lakh and Rs 12.39 lakh (ex-showroom Delhi).

In March, the automobile market chief had stated that over the previous yr, the price of the corporate’s automobiles has been impacted adversely because of a rise in numerous enter prices.
On January 18 this yr, the automaker had introduced to hike costs of choose fashions by as much as Rs 34,000 because of an increase in enter prices.