The country's largest carmaker Maruti Suzuki India on Monday said it will hike prices across models from next month amid rising input costs.
In a regulatory filing, the company said, “.... over the past year the cost of company's vehicles continue to be adversely impacted due to increase in various input costs.”
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“Hence, it has become imperative to pass on some impact of the additional cost to the customers through a price rise,” it added.
“The price rise has been planned across models in September 2021,” Maruti Suzuki India said.
At present the company sells a range of models from entry-level hatchback Alto to S-CROSS, priced between Rs 2.99 lakh and Rs 12.39 (ex-showroom prices Delhi) lakh, respectively.
