Maruti Suzuki hikes prices This is the last chance to buy an affordable car from the country’s largest car maker Maruti Suzuki. In a statement today, the company announced the hike in its vehicle prices. The price of various models included in the company’s vehicle range will be increased. However, no information has been shared about which model will cost more.
“These new prices will be applicable from next month, starting July 1,” Maruti Suzuki said in a statement. The company cited rising input costs as the reason for the price increase. The company’s statement, “We note that over the last one year there has been an increase in the cost of various input costs affecting the price of the company’s vehicles.
Must Read: These 5 powerful vehicles will be launched in India in the next 6 months, with a starting price of less than Rs 5 lakh
Let us tell you this is the third time the company is going to increase the price of its cars this year. Previously, the prices of various models were raised in January and last April. However, no information is provided in the company’s statement on what models will be raised and how much.
Currently, Maruti Suzuki’s vehicle portfolio includes about 14 models, nine of which are sold by the company’s Arena showroom. The other 5 models are sold by the company’s premium seller, Nexa. The company will soon be launching new facelift models of some of its famous cars like Celerio, Vitara Breza and Alto.
