New Delhi : Maruti Suzuki India Limited (MSIL) on Monday announced price hike of its vehicles owing to rise in input costs. The company on 6th of April had indicated the price hike in advance. The new prices have been made effective from today.
“With reference to our earlier communication dated 06th April 2022, the Company today announced change in prices across models owing to increase in various input costs. The weighted average increase across models is 1.3% – Ex Showroom Prices (Delhi). These new prices will come into effect from 18th April 2022” the company said in a regulatory filing.
Last January, the company had hiked prices across models upto 1.7% owing to rise in input costs.