Maruti Suzuki To Increase Prices Of Their Vehicles By January 23

Indian automaker Maruti Suzuki is planning to increase the prices of their product vehicles in January 2023. The company is taking this step due to rising inflation. This price rise can vary across models.

“The Company continues to witness increased cost pressure driven by overall inflation and recent regulatory requirements. While the company makes maximum effort to reduce cost and partially offset the increase, it has become imperative to pass on some of the impact through a price increase,” the company stated in the statement.