Maruti Suzuki’s new car and SUV prices have been raised again, marking the third price increase for the company this year.
- The percentage of price increase will vary, depending on the model
- Rising input costs are one of the main reasons
- New Celerio price announcement coming soon
Why did Maruti Suzuki cars and SUV prices rise again?
The company cited the increase in input costs as the reason for the latest price increase, just like the previous two increases. In January 2021, Maruti Suzuki owns Price increase 1-6%, Depending on the model, the price at the earlier ex-showroom in Delhi; the rate hike this time is between Rs 5,000 to Rs 34,000. Then it raised interest rates again in April.
Maruti Suzuki India stated in its latest regulatory document: “During the past year, due to the increase in various input costs, the company’s vehicle costs have continued to be adversely affected. Therefore, the company must overcome some of the above additional costs through price increases. Passed on to customers. The price increase is planned for the second quarter, and the price increase varies for different models.”
Maruti Suzuki: Sales
At the same time, between April and May 2021, the automaker sold 1,68,782 vehicles in the domestic market, and its photovoltaic market share was 48.27%. Four hatchbacks-Swift (25,321), Baleno (21,187), Wagon R (20,742) and Alto (20,523)-lead the automaker’s sales figures. Between April and May 2021, Maruti Suzuki produced 1,98,213 cars, sold 1,68,782 cars in the domestic market, and exported 28,278 cars.
At the same time, Maruti Suzuki also led the Indian-made car export rankings with a total shipment of 28,278 units in the first two months of the current fiscal year. With 7,037 vehicles, Baleno is the most exported model in the first two months of fiscal 2022, followed by Dzire (4,499) and S-Presso (4,241).
Maruti Suzuki: Coming soon
In terms of models, Maruti Suzuki will be launched soon Next generation Celerio In the Indian market. In addition, there are discussions about the brand’s new SUVs and premium hatchbacks that the brand is expected to launch next year.This 5 doors Jimny is also in development For India, as we reported earlier.
Suzuki Jimny Lite announced for overseas markets
Maruti Suzuki Nexa June 2021 discount
Maruti Suzuki prepares a marketing plan for Jimny in India
Buy secondhand: Maruti Suzuki Ertiga