India’s largest car manufacturer Maruti Suzuki announced in a regulatory filing today that the Prices of all the Models are going to get increased due to an increase in input costs.
The company Maruti Suzuki said, “We wish to inform you that over the past year the cost of the Company’s vehicles continues to be adversely impacted due to an increase in various input costs. Hence, it has become imperative to pass on some impact of the additional cost to the customers through a price rise.”
The rate of the Price hikes going to be implemented next month in September has not been specified by the company.