New Delhi: The nation’s largest carmaker Maruti Suzuki India (MSI) on Monday stated it should enhance prices throughout its mannequin vary from subsequent month so as to offset the influence of excessive enter prices.
Over the previous yr, the price of the corporate’s automobiles has been impacted adversely due to a rise in varied 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 value enhance shall differ for various fashions, it added.
The firm nonetheless 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 prices of choose fashions by up to Rs 34,000 due to an increase in enter prices.
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MSI sells a spread of fashions from entry-level hatchback to S-CROSS crossover, priced Rs 2.99 and Rs 12.39 (ex-showroom prices Delhi).
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