Maruti Suzuki to hike vehicle prices from January to offset the rise in input costs.
“Over the past year, the cost of company’s vehicles continue 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,” MSI said in a regulatory filing.
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The country’s largest carmaker Maruti Suzuki India (MSI) on Thursday said it is planning to increase vehicle prices from January next year to offset the impact of the rise in input costs.
The price increase would vary from model to model, the auto major said, without sharing the details. ( Zee Business )
