Maruti Suzuki announces price hike: Maruti Suzuki India Limited (MSIL) on Friday, December 6, announced that it plans to increase the prices of its cars from next month i.e. January 2025. According to the company, prices are expected to increase by 4 percent. And will vary depending on the model.
The reason for the decision to increase prices is being attributed to rising input costs and operating expenses.
company statement
The company’s official release said that although the company continuously strives to optimize costs and minimize the impact on its customers, some part of the increased costs may need to be passed on to the market.
Maruti Suzuki share price today
Shares of Maruti Suzuki India entered the green zone after the announcement. At 12:47 pm, the recently listed stock was up 1.38 per cent at Rs 11,335.25 on the BSE.
Hyundai Motor also announced price hike
Yesterday, Hyundai Motor also announced that it will increase prices of its entire model range from January 1, 2025. For more information Reading
