Monitoring cost structure closely amid rising commodity prices, says Maruti Suzuki
While the carmaker hiked prices of its vehicles in January, it is not planning to pass on the burden to consumers in the near future, although it is keeping a close eye on its cost structure
PTI | February 14, 2021 | Updated 11:52 IST
With the supply of semiconductors becoming a challenge for the automotive industry, Maruti Suzuki is also watching the situation closely although it will have normal supply this month
Increasing commodity prices, specially those of rhodium and palladium, which are used in catalysers to meet strict emission norms, are putting cost pressure on automobile makers, according to a senior official of Maruti Suzuki India. The company, which had hiked prices of its vehicles in January, however is not planning to pass on the burden to consumers in the near future although it is keeping a close eye on its cost structure.