Udayavni Special

Maruti Suzuki India to hike prices from January

Team Udayavani, Dec 10, 2020, 10:13 AM IST

New Delhi: Car market leader Maruti Suzuki India on Wednesday said it will increase prices of its vehicles from January to offset the adverse impact of rising input costs.

Over the past year, the cost of the company’s vehicles have been impacted adversely due to increase in various input costs, Maruti Suzuki India said in a regulatory filing.

“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 January 2021. This price increase shall vary for different models,” it added.

At present Maruti Suzuki sells a range of vehicles from entry-level small car Alto with price starting at Rs 2.95 lakh to multi-purpose vehicle XL6 priced up to Rs 11.52 lakh (ex-showroom Delhi).

The company’s announcement comes at a time when the carmaker is recovering from the lockdown induced disruptions. In November, it had posted a 2.4 per cent decline in total domestic passenger vehicle sales at 1,35,775 units as against 1,39,133 in the same month last year.

However, its overall sales, including exports, were at 1,53,223 units as against 1,50,630 in November 2019, a growth of 1.7 per cent.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Don’t vote for JD(S): Siddaramaiah to minority community

Opposition flays Kerala govt’s flood management

Pakistan Navy claims it blocked Indian submarine from entering into country’s waters

K’taka: Six achievers chosen for Sri Maharishi Valmiki Awards 2021

PM Modi afraid of speaking on China: Owaisi

Maharashtra: Theatres to reopen from October 22; restaurants, eateries can function till midnight

IndiGo cautions candidates against fake job offers

Related Articles More

Audi opens bookings for new Q5 SUV in India

Tata Motors drives in sub-compact SUV Punch at starting price of Rs 5.49 lakh

Road safety: IIT researchers working on first-of-its kind geography based smart speed warning system

Nippon Steel sues Japan business partner Toyota over patent

Revolt Motors to re-open bookings for RV400 on Oct 21




Specialties Of Kapila MalnadGidda cow Breed


Chintamani Crime news

Latest Additions

Man’s kidney removed during stone operation; Hosp ordered to pay Rs 11.23 lakh compensation

Increasing activities by China in depth areas of eastern sector: Eastern Army Commander

Don’t vote for JD(S): Siddaramaiah to minority community

Opposition flays Kerala govt’s flood management

Over 300 people rescued from flood-affected Uttarakhand: NDRF

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.