close
Breaking news

A new line of argument has already come to dominate the public sphere: it’...read more The government has gone one step further to detect community spread of the coro...read more The government has issued an order to abolish the six allowances, including the...read more Aarogya Setu application launched by NIC is aimed to track COVID-19 affected pe...read more SEOUL| South Korea’s unemployment rate was unchanged in April as the coronavi...read more Amid the outbreak of Corona pandemic in the country, Indian government has been...read more Prime Minister Narendra Modi in his address to the nation on Tuesday indicated ...read more Corona infection in the country is taking a macabre form. So far, more than 74 ...read more Congress General Secretary Priyanka Gandhi Vadra has written a letter to UP Chi...read more On Tuesday, Prime Minister Narendra Modi announced a package of Rs 20 lakh cror...read more

Maruti said it would raise prices from January to pass on rise in input costs

Maruti Suzuk today said it would increase prices of its various models in January to pass on the rise in input costs. The announcement of a price hike comes even as companies, including Maruti, have struggled to sell their products, owing to various reasons.

“The cost of company’s vehicles has been impacted adversely due to increase in various input costs. Hence, it has become imperative for the company to pass on some impact of the above additional cost to customers through a price increase across various models in January 2020. This price increase shall vary for different models,” the company in a BSE notice.

At 12:05 pm, Maruti shares traded 0.3% higher at 7,161 in a weak market. The BSE Sensex was down 0.5% at 40,609.59.

Tags: , , ,

Story Page