<p>Car market leader Maruti Suzuki India on Wednesday said it will increase prices of its vehicles from January to offset the adverse impact of rising input costs.</p>.<p>Over the past year, the cost of the company's vehicles have been impacted adversely due to increase in various input costs, Maruti Suzuki India said in a regulatory filing.</p>.<p>"Hence, it has become imperative for the company to pass on some impact of the above additional cost to customers through a price increase in January 2021. This price increase shall vary for different models," it added.</p>.<p>At present Maruti Suzuki sells a range of vehicles from entry-level small car Alto with price starting at Rs 2.95 lakh to multi-purpose vehicle XL6 priced up to Rs 11.52 lakh (ex-showroom Delhi).</p>.<p>The company's announcement comes at a time when the carmaker is recovering from the lockdown induced disruptions. In November, it had posted a 2.4 per cent decline in total domestic passenger vehicle sales at 1,35,775 units as against 1,39,133 in the same month last year.</p>.<p>However, its overall sales, including exports, were at 1,53,223 units as against 1,50,630 in November 2019, a growth of 1.7 per cent. </p>
<p>Car market leader Maruti Suzuki India on Wednesday said it will increase prices of its vehicles from January to offset the adverse impact of rising input costs.</p>.<p>Over the past year, the cost of the company's vehicles have been impacted adversely due to increase in various input costs, Maruti Suzuki India said in a regulatory filing.</p>.<p>"Hence, it has become imperative for the company to pass on some impact of the above additional cost to customers through a price increase in January 2021. This price increase shall vary for different models," it added.</p>.<p>At present Maruti Suzuki sells a range of vehicles from entry-level small car Alto with price starting at Rs 2.95 lakh to multi-purpose vehicle XL6 priced up to Rs 11.52 lakh (ex-showroom Delhi).</p>.<p>The company's announcement comes at a time when the carmaker is recovering from the lockdown induced disruptions. In November, it had posted a 2.4 per cent decline in total domestic passenger vehicle sales at 1,35,775 units as against 1,39,133 in the same month last year.</p>.<p>However, its overall sales, including exports, were at 1,53,223 units as against 1,50,630 in November 2019, a growth of 1.7 per cent. </p>