Maruti to hike their car prices from 2024: Maruti Suzuki India, the country s leading car manufacturer, has announced plans to raise vehicle prices in January 2024. The decision is attributed to the impact of overall inflation and increased commodity rates, which have put pressure on costs.
Maruti to hike their car prices from 2024: Maruti Suzuki India, the country s leading car manufacturer, has announced plans to raise vehicle prices in January 2024. The decision is attributed to the impact of overall inflation and increased commodity rates, which have put pressure on costs.
Maruti Suzuki said, “The shortage of electronic components had a minor impact on the production of vehicles, mainly in domestic models. The company took all possible measures to minimise the impact.”
Maruti Suzuki India, the country's top-selling carmaker, announced a hike in prices "across models owing to increase in various input costs" starting today.
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NEW DELHI: Shares of Maruti Suzuki India on Tuesday gained more than 2 per cent after the firm increased the prices of select models by up to Rs 34,000 to offset adverse impact of rising input costs.
The stock jumped 2.24 per cent to Rs 7,990 on the BSE.
At the NSE, it gained 2 per cent to Rs 7,990.30.
The country s largest carmaker Maruti Suzuki India on Monday said it has increased the prices of select models by up to Rs 34,000 to offset adverse impact of rising input costs.
The company is increasing the prices owing to an increase in various input costs. The new prices are effective from January 18, 2021, Maruti Suzuki India said in a regulatory filing.