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Maruti Suzuki to raise vehicle prices from Jan 2020

Maruti Suzuki to raise vehicle prices from Jan 2020

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  4 Dec 2019 1:03 PM GMT

New Delhi: Automobile major Maruti Suzuki will increase vehicle prices from January 2020.

According to the company, the price increase is necessitated on account of the increase in input cost.

Besides, the auto major said the “price increase shall vary for different models”.

“Over the past year, the cost of the company’s vehicles has been impacted adversely due to an increase in various input costs,” it said in a regulatory filing.

“Hence, it has become imperative for the company to pass on some impact of the above additional cost to customers through a price increase across various models in January 2020.” (IANS)

Also Read: Maruti Suzuki November sales at 1.5 lakh units down 1.9%

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