Maruti Suzuki cars will be costlier from April 1
Maruti Suzuki cars will be costlier from April 1: For the second time in two months, the company increased the prices by 1.1% in January.
The country's largest carmaker Maruti Suzuki today (Thursday, March 23) announced to increase in the prices of all the vehicles included in its line-up. The company has attributed the increase in prices to higher manufacturing costs along with inflation and regulatory recruitments.
The increased prices will be applicable from 1 April 2023. Maruti Suzuki hasn't confirmed the scale of the price hike but has informed that the price hike will vary model-wise.
The company had earlier increased the ex-showroom prices of all models by 1.1% on January 16. Even then the prices of vehicles were increased due to an increase in input cost.
Tata Motors on Wednesday announced a 5% increase in the prices of all commercial vehicles. These increased prices will be applicable from 1 April 2023. The company has given the reason behind this as the change in BS6 Phase-2 emission norms and the rising cost.
Earlier, the company had increased the prices of its passenger vehicles by 1.2% in February 2023 due to an increase in making costs.
The company launched the CNG (Brezza S-CNG) version of its most popular SUV Brezza in India 6 days ago. The car is the first sub-compact SUV in the country to be equipped with a factory-fitted CNG kit. The company claims that this car will give a mileage of 25.51 KM/KG on CNG fuel.
Maruti Suzuki India (MSI) delivered 1,02,565 vehicles to dealers in February-2023. This is 3 percent more than the 99,398 vehicles of February-2022.
Whereas Hyundai (HMI) sold 24,493 vehicles in the month of February-2023. The company sold 21,501 vehicles in the same month last year.