Maruti Suzuki India to hike costs from April

The nation’s largest carmaker Maruti Suzuki India (MSI) on Monday stated it’s going to enhance costs throughout its mannequin vary from subsequent month in an effort to offset the impression of excessive enter prices.
Over the previous yr, the price of the corporate’s automobiles has been impacted adversely on account of a rise in numerous enter prices, the auto main stated in a regulatory submitting.
“Hence, it has become imperative for the company to pass on some impact of the above additional cost to customers through a price increase in April 2021,” it added.

The worth enhance shall range for various fashions, it added.
The firm nevertheless didn’t share particulars concerning the quantum of the worth hike it intends to take from subsequent month.
On January 18 this yr, the automaker had introduced to hike costs of choose fashions by as much as Rs 34,000 on account of an increase in enter prices.
MSI sells a spread of fashions from entry-level hatchback to S-CROSS crossover, priced Rs 2.99 and Rs 12.39 (ex-showroom costs Delhi).