Maruti Suzuki hikes prices of select models

In a regulatory filing, the company attributed the decision to an increase in input costs. "With effect from September 6, the company announced a price change for select models owing to increase in various input costs," it said. The weighted average price increase in ex-showroom prices (Delhi) across select models is 1.9 percent.

Maruti Suzuki India Monday announced to increase the prices of select models with immediate effect.

In a regulatory filing, the company attributed the decision to an increase in input costs.

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"With effect from September 6, the company announced a price change for select models owing to increase in various input costs," it said.

The weighted average price increase in ex-showroom prices (Delhi) across select models is 1.9 percent.

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On August 30, the company had said over the past year the cost of its vehicles continues to be adversely impacted due to an increase in various input costs.

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"Hence, it has become imperative to pass on some impact of the additional cost to the customers through a price rise. The price rise has been planned across models in September 2021," it said.

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