Maruti Suzuki hikes prices of select models
September 06, 2021 15:06 ISTMaruti Suzuki on August 30 had said that over the past year the cost of its vehicles continues to be adversely impacted due to increase in various input costs.
Maruti Suzuki on August 30 had said that over the past year the cost of its vehicles continues to be adversely impacted due to increase in various input costs.
The Indian automaker said that company has announced to proactively undertake a recall of some petrol variants of Ciaz, Ertiga, Vitara Brezza, S-Cross and XL6.
Maruti Suzuki sells a range of models ranging from entry-level hatchback Alto to S-CROSS, priced between Rs 2.99 lakh and Rs 12.39 (ex-showroom prices Delhi) lakh, respectively.
The Competition Commission of India (CCI) on Monday imposed a penalty of Rs 200 crores on Maruti Suzuki India Limited for indulging in "anti-competitive" conduct of Rescale Price Maintenance in passenger vehicle segment by implementing discount control policy, the Ministry of Corporate Affairs said.
Indian Idol 12's winner is here! Pawandeep Rajan won the popular singing reality show. To celebrate the successful show, the makers have planned a 12-hour long finale.
The country's largest carmaker Maruti Suzuki India (MSI) on Wednesday reported a consolidated net profit of Rs 475 crore for the first quarter ended June 30. The auto major had posted a consolidated net loss of Rs 268 crore in the April-June quarter of 2020-21.
Maruti Suzuki is planning to launch its first electric vehicle in India by 2025.
Maruti Suzuki price hike: The price change for Swift and all CNG variants is owing to an increase in various input costs.
The price rise has been planned in the second quarter (July-September period) of the current financial year and the increase shall vary for different models, the company added.
The country's top carmaker Maruti Suzuki India (MSI) on Wednesday said it has decided to advance maintenance shutdown at its two Haryana-based manufacturing plants by a month amid a surge in the COVID-19 cases across the country.
The auto major had posted a net profit of Rs 1,322.3 crore in January-March quarter of 2019-20, MSI said in a regulatory filing.
After retiring in 2007, Khattar started his entrepreneurial journey by starting a pan India multi-brand automobile sales and services company 'Carnation'.
Barring Celerio and Swift, all the models of Maruti Suzuki will be covered under the price increase exercise.
Equity benchmark indices closed nearly 1.5 per cent lower on Thursday amid concerns over rising coronavirus infections and weak global cues.
Maruti was the top loser in the Sensex pack, shedding around 4 per cent, followed by Bharti Airtel, HUL, NTPC, Bajaj Finance, UltraTech Cement, ONGC and Reliance Industries.
Over the past year, the cost of the company's vehicles has been impacted adversely due to an increase in various input costs, the auto major said in a regulatory filing.
Maruti Suzuki India car subscription plan is available Delhi-NCR, Bengaluru, Hyderabad, Pune, Mumbai, Chennai, Ahmedabad and Kochi.
The company is increasing the price for select models owing to an increase in various input costs...The new prices are effective from January 18, 2021, Maruti Suzuki India said in a regulatory filing.
Maruti Suzuki India, the country's largest carmaker, on Wednesday said its total production in December 2020 increased 33.78 per cent to 1,55,127 units.
Maruti Suzuki has posted total sales of 160,226 unites in December 2020. This is a growth of 20.2 per cent over December 2019.
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