Business News | Maruti Suzuki to Increase Vehicle Prices Later This Month
Get latest articles and stories on Business at LatestLY. India's largest carmaker Maruti Suzuki said on Wednesday it will hike vehicle prices across its range later this month due to an increase in various input costs.
New Delhi [India], April 6 (ANI): India's largest carmaker Maruti Suzuki said on Wednesday it will hike vehicle prices across its range later this month due to an increase in various input costs.
"Over the past year, the cost of Company's vehicles continues to be adversely impacted due to increase in various input costs. Therefore, it has become imperative for the Company to pass on some impact of the above additional costs to customers through a price hike," Maruti Suzuki said in a regulatory filing to the stock exchanges.
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"We have planned this price rise in April 2022. The increase shall vary for different models," it said. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)