Maruti Suzuki will increase All Models Price from January 2024 Due to Inflation
Maruti Suzuki had increased the prices of the entire product line-up back in January 2023, and now in January 2024, Maruti is going to do it again as they’ve already notified the BSE as part of its regulatory filing.
Maruti Suzuki price hike: What you need to know
Global inflation persists due to geopolitical and economic factors, impacting the auto industry’s supply chain and elevating input costs, as noted in Maruti Suzuki’s recent BSE filing. The company faces increased cost pressures, encompassing both overall inflation and rising commodity prices. Despite attempts to absorb and minimize additional costs, carmakers, including Maruti, find it increasingly challenging.