On Monday, Maruti Suzuki said that the costs are going to be increased by 1.9 per cent on a mean across models. “In continuation to our earlier communication on 30th August 2021, please note that with effect from 06th September, 2021, the corporate announced a price change for select models due to increase in various input costs. The weighted average increase in ex-showroom prices (Delhi) across select models is 1.9 per cent,” it said during a BSE filing.
With Covid-19 restrictions removed in most parts of the country, economic activity is learning pace once more . Car sales are on the rebound, registering strong growth in recent months. Things are expected to urge even better with the beginning of festive season. before that India’s largest carmaker Maruti Suzuki has announced plans to extend prices across home in September. Prices are going to be increased of all Maruti cars which are on sale at Arena outlets (Alto, WagonR, Swift, Dzire, Celerio, Ertiga, S-Presso, Brezza, EECO and every one TOUR models). Prices of Maruti cars on sale at NEXA outlets (Baleno, Ciaz, XL6, Ignis and S-Cross) also will be increased. New list for Sep 2021 of all Maruti cars are going to be revealed soon.
Rising input costs
In its regulatory filing submitted to NSE and BSE, Maruti talks about rising input costs over the past year. To sustain normal business operations, the corporate is left with no option aside from to extend prices. While Maruti will attempt to absorb rising input costs the maximum amount as possible, a number of it’ll need to be passed on to customers. As per plans, the worth hike are going to be announced in September 2021. one among the key reasons for rise in input costs is that the disruption caused by the pandemic. The ecosystem comprising component manufacturers and global supply chain has been adversely impacted by Covid-19. There’s a worldwide shortage of semiconductors, which is forcing auto companies to pay more to stay production lines running.
The company had raised car prices in April and January before this. In April the worth hike was of 1.6 per cent ex-showroom across models, while in January there was a rise in select models of Rs 34,000.
Meanwhile, Maruti had recalled around 1.8 lakh units that were sold between May 4, 2018 and October 27, 2020, to exchange a faulty motor generator unit. Certain petrol variants of Ciaz, Ertiga, and SUVs Vitara Brezza, SCross and XL6 were recalled by the corporate .
Maruti Suzuki Cars
- Maruti Suzuki Swift. ₹ 5.81 Lakh.
- Maruti Suzuki Baleno. ₹ 5.97 Lakh.
- Maruti Suzuki Ertiga. ₹ 7.78 Lakh.
- Maruti Suzuki Vitara Brezza. ₹ 7.51 Lakh.
- Maruti Suzuki Alto. ₹ 3.00 Lakh.
- Maruti Suzuki Dzire. ₹ 5.98 Lakh.
- Maruti Suzuki Wagon R. ₹ 4.79 Lakh.
- Maruti Suzuki S-Presso. ₹ 3.77 Lakh.
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