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Maruti Cars Price Hiked: The country’s largest automobile company Maruti Suzuki has made its cars expensive from today. If you want to buy cars, SUVs of this company, then you will have to spend more from today itself. Actually the company has announced this in the information given to the stock exchange.
New prices applicable from today
The increase in the prices of its cars by Maruti Suzuki has come into effect from today. Maruti Suzuki has told in the information given to the stock exchanges that the expected weighted average increase in the company’s car models is about 1.1 percent. The company has said that on December 2 itself, Maruti had issued information about it and from today this increase has come into force, which will be effective on different models of many Maruti cars.
Ex-showroom prices will be affected
Maruti Suzuki has announced that the decision to increase the prices of its vehicles has been implemented from today and will be applicable over the ex-showroom prices in Delhi.
It was announced in December itself
Maruti Suzuki had told in December 2022 itself that due to increase in cost, the prices of the company’s vehicles are going to increase in January 2023. However, from which date the price hike will happen and by how much, the company did not disclose it at that time.
Why did Maruti decide to increase the price
Maruti Suzuki had informed the stock exchange in a regulatory filing that the company is feeling cost pressure due to increase in inflation. Recently, there has also been a change in regulatory rules, due to which the cost pressure has increased. The company said that it has become very important for it to increase the prices. Maruti Suzuki had told that in January 2023, the company has decided to increase the prices of many models of vehicles.
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