The country’s largest automobile company Maruti Suzuki will shock people in the new year. Maruti Suzuki has announced to increase in the price of its vehicles from January 2023. Although the information has yet to be given about the date from which the price will be increased, it is believed that from January 1, the company can increase the prices. The company has cited the increase in the cost of car manufacturing as the reason behind this.

The company has also informed the stock exchange in the regulatory filing. The company has written in its letter that due to the ever-increasing inflation, there was a problem with the cost. Along with this, the cost pressure has also increased due to changes in regulatory rules. Although the company did not want to increase the prices due to the increase in the manufacturing cost, it was necessary to take this step.

How much will the price increase on which car?

At present, the company has yet to announce that on which model it is going to increase the price of. It has yet to be told in what percentage they will increase the prices of the cars. According to the company, it is currently planned to increase the price in early 2023. How much the price will increase will depend on the model of the car.

Latest Car News 

Significantly, the problem of increasing costs in front of car companies continues to persist. On the one hand, due to the high cost of raw materials and on the other hand, due to the non-supply of microchips from the supply chain, there is a lot of pressure on the car companies, and the prices of cars are increasing continuously. Earlier, Skoda and Tata had also increased the prices of their cars.

The company’s sales have increased.

On the other hand, if we look at the sales figure of Maruti Suzuki in November, the company has increased by 14 per cent. Maruti sold 1,59,044 units in November. On the other hand, if we look at the figures for 2021, this figure was 1,39,184.


Leave a comment

Your email address will not be published. Required fields are marked *