Maruti Suzuki hiked prices due to increase in input costs

The country’s biggest carmaker Maruti Suzuki has hiked prices on selected models from today, April 16, due to an increase in various input costs. According to a regulatory filing by the company to the BSE, the weighted average price increase in ex-showroom prices (Delhi) across models is 1.6 per cent. This is the second price hike on cars by the company this month, and the third hike since February. The new prices are effective starting from Friday, April 16.

Automakers across the country have increased prices this year due to rise in input costs. Meanwhile, Maruti Suzuki India recently announced that its total production in March 2021 increased significantly to 1,72,433 units, compared to the corresponding month last year. The carmaker had produced a total of 92,540 units in the year-ago period.

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