Maruti Suzuki announces 1.9% price hike for select models from today, Auto News, ET Auto

New Delhi: India’s biggest carmaker Maruti Suzuki India Minimal (MSIL) on Monday explained it will hike price ranges by 1.9% for find models to offset maximize in various input prices. This will be the third selling price maximize from the automaker in the calendar calendar year 2021.

“In continuation to our earlier communication on August thirty, 2021, please be aware that with influence from September six, 2021, the business declared a selling price change for find models owing to maximize in various input prices,” the automaker explained in a regulatory filing.

“The weighted typical selling price maximize in ex-showroom price ranges (Delhi) throughout find models is 1.9%,” it extra.

Maruti Suzuki experienced earlier improved price ranges in April and January. On April 16, it declared a 1.six% weighted typical maximize in ex-showroom price ranges (Delhi) throughout models. On January eighteen, the automaker experienced hiked price ranges of some models by up to Rs 34,000.

The weighted typical selling price maximize in ex-showroom price ranges (Delhi) throughout find models is 1.9%Maruti Suzuki

Not long ago, the business also explained it is anticipating a slump in overall output volumes at its producing crops in the states of Haryana and Gujarat in September thanks to a lack of semiconductors.

“Though the situation is really dynamic, it is now estimated that the overall car or truck output volume throughout equally the spots could be all around 40% of normal output,” it extra.

The automaker sells a range of models from entry-degree hatchback Alto to the S-Cross sedan, priced in between INR 2.ninety nine lakh and INR twelve.39 lakh (ex-showroom Delhi.)