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Are you planning to buy a car from Maruti Suzuki?Get ready to pay up to 4.3% more

The weighted average price increase in pre-showroom prices in Delhi across the Martis Suzuki model is 1.7%, and auto majors are listed in regulatory filings.

Along HT Autodesk
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Updated:
January 15, 2022, 1:22 pm

Maruti Suzuki, the country’s top automaker, has raised car prices to partially offset the impact of rising input costs. (MINT_PRINT)

Multi Suzuki On Saturday it announced that it was immediately effective in raising the price of the car by up to 4.3 percent. Automakers want to partially offset this effect due to higher input costs. Prices have risen in the range of 0.1% to 4.3% for the entire portfolio.

The weighted average price increase in pre-showroom prices in Delhi across the model is 1.7%, and auto majors are listed in regulatory filings. The latest price increase came after Marti raised the car price three times last year. Prices rose 1.4% in January, but rose 1.6% in April and 1.9% in September, bringing the total to 4.9%.

last month, Maruti Suzuki He said the cost of essentials such as steel, aluminum, copper, plastics and precious metals has risen over the past year, forcing prices to rise.

The automotive industry is generally faced with a variety of headwinds, including a shortage of components such as semiconductor chips.This is also 2% Decrease in production At the Martis Suzuki facility last December. Last month, the company produced a total of 1,52,029 units, up from 1,55,127 units in the same period last year. Total passenger car production increased from 1,48,767 last month to 1,53,475 in December 2020.

Last month, Reuters reported that production at two Martis Suzuki facilities in Haryana and Gujarat would continue to be affected by 80% to 85% of normal production. Domestic passenger car demand recovered after the second Covid-19 wave, but production and supply were a major concern for automakers.

(There is input from PTI)

First edition publication date: January 15, 2022, 12:51 pm IST

https://auto.hindustantimes.com/auto/news/planning-to-buy-a-car-from-maruti-suzuki-get-ready-to-pay-up-to-4-3-more-41642229869197.html Are you planning to buy a car from Maruti Suzuki?Get ready to pay up to 4.3% more

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