Maruti Suzuki has increased the prices of select models by 1.9 percent effective today, i.e. September 6, 2021 “due to increase in various input costs”. “The weighted average price increase in Ex Showroom (Delhi) prices for select models is 1.9 percent,” said Maruti Suzuki. This is the auto major’s third price hike this year, following the January and April increase.
“Continuing our prior communication on August 30, 2021, please note that effective September 06, 2021, the company has announced a price change for select models due to increases in various input costs,” said Maruti Suzuki in a regulatory filing with the part. exchanges.
Maruti Suzuki had announced last month that it would raise the prices of its models due to a rise in input and production costs.
Meanwhile, Maruti Suzuki decided last week to voluntarily recall more than 1.81 lakh units of select petrol models of the Ciaz, Ertiga, XL6, S-Cross and the Vitara Brezza, produced from May 4, 2018 to October 27, 2020.
At noon, Maruti Suzuki’s shares were trading 0.6 percent higher at Rs 6,910 on the BSE, against a 0.27 percent increase in benchmark indices.