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1-min read

Maruti Suzuki Announces Price Hike Across the Range in August

The increase in prices across various models will come this due to the rise in commodity cost.

IANS

Updated:August 2, 2018, 5:04 PM IST
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Maruti Suzuki Announces Price Hike Across the Range in August
Suzuki Logo. (Photo: Reuters)
Automobile major Maruti Suzuki India said that it will increase prices across various models in August 2018 due to the rise in commodity cost. "There has been an adverse movement in commodity prices and foreign exchange rates, etc., which is putting pressure on the bottom line. Also, increase in fuel prices has further added to the cost due to increase in freight," the company said in a BSE filing.

"Hence, it has become imperative for us to pass on some impact of the above additional cost to the customers through a price increase across various models in August 2018. This price increase shall vary for different models."

Maruti Suzuki had recently announced that it aims to train 15 lakh people through its driving school network by 2020. The company believes that a scientifically designed driving training program will help to make Indian roads safer. Also, Maruti Suzuki plans to launch the new facelift version of Ciaz sedan in India. The sedan had already been spotted completely undisguised.
(Get detailed and live results of each and every seat in the Lok Sabha elections and state Assembly elections in Andhra Pradesh, Odisha, Arunachal Pradesh and Sikkim to know which candidate/party is leading or trailing and to know who has won and who has lost and by what margin. Our one-of-its-kind Election Analytics Centre lets you don a psephologist’s hat and turn into an election expert. Know interesting facts and trivia about the elections and see our informative graphics. Elections = News18)
| Edited by: Abhinav Jakhar
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