Maruti Suzuki cars to be priced higher from September: Here's why

It did not say which models and by how much it would hike the prices

Many automobile manufacturers in India, including Maruti Suzuki India, Tata Motors and Mahindra & Mahindra, have been hit by the current global semiconductor shortage. Credit: Reuters Photo

The country's largest carmaker Maruti Suzuki India on Monday said it will hike prices across models from next month amid rising input costs.

In a regulatory filing, the company said, ".... over the past year the cost of company's vehicles continue to be adversely impacted due to increase in various input costs."

Hence, it has become imperative to pass on some impact of the additional cost to the customers through a price rise, it added.

"The price rise has been planned across models in September 2021," Maruti Suzuki India said.

At present the company sells a range of models from entry-level hatchback Alto to S-CROSS, priced between Rs 2.99 lakh and Rs 12.39 (ex-showroom prices Delhi) lakh, respectively.

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