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Maruti Suzuki India to raise prices in April to offset rising input costs

Maruti joins rival Tata Motors and two-wheeler maker Hero Motocorp, who have also said they would raise prices by 5% and 2% respectively, as they grapple with increased costs to meet new emission norms.

Published on: Mar 23, 2023, 14:22:23 IST
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Maruti Suzuki India Ltd said on Thursday it would raise prices across models come April, as high domestic inflation and new emission norms pressure the country's top car maker.

Maruti Suzuki to hike prices across models. (File photo) (MINT_PRINT)
Maruti Suzuki to hike prices across models. (File photo) (MINT_PRINT)

The unit of Japan's Suzuki Motor did not say how much prices of cars would go up by, or which models will be impacted.

Maruti joins rival Tata Motors and two-wheeler maker Hero Motocorp, who have also said they would raise prices by 5% and 2% respectively, as they grapple with increased costs to meet new emission norms.

ALSO READ: Maruti Suzuki launches Ciaz Dual-Tone: All you need to know

India plans to implement Bharat Stage VI norms from April, which require automakers to fit their vehicles with a special device to monitor emissions, leading to extra costs.

India's total passenger vehicles sales volume grew 11% in February to a record high, the Society of Indian Automobile Manufacturers (SIAM) said earlier this month.

 
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