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Maruti Suzuki plans to increase vehicle prices from next month

Krishna Mali
By: Krishna Mali

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India’s leading automaker Maruti Suzuki has decided to increase the prices of its vehicles from January 2020.

In a filing at the NSE, the company said that “Over the past year, the cost of a company’s vehicles has been impacted heavily due to an increase in various input costs.”

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“It has become imperative for the company to pass on some impact of the high additional cost to customers through a price hike across several models from January 2020,” the company added.

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Krishna Mali
Krishna Mali
Founder & Group Editor of TechGraph.
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