News Edition 24 Desk:
Maruti Suzuki India Ltd will raise prices for different car models in April due to a rise in various input costs, the automaker said on Monday. In January, the car maker had cited a rise in input costs and had increased prices for some car models.
“Over the past year the cost of company’s vehicles has been impacted adversely due to increase in various input costs. 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 April, 2021. This price increase shall vary for different models,” Maruti Suzuki said in a communication to exchanges.