New Delhi: Maruti Suzuki, the country’s largest carmaker, will soon increase the price of its vehicles. The company said the decision was due to an increase in their input costs So after Maruti’s decision, other auto companies could also announce a price hike soon. Informing the Bombay Stock Exchange, Maruti Suzuki said vehicle production prices have gone up in the last one year. This is because the price of raw materials has been steadily rising, which has put pressure on the construction of vehicles The company said it had decided to increase prices from January 2021 due to rising production prices. The company said the increase in vehicle prices would be different for different models It is learned that the company has also increased the price of the car since January 1, 2020. The company increased its offerings by 6.7 percent on some models The company has increased the price of entry-level hatchback Alto from Rs 4,000 to Rs 7,000, while the S-Presso has increased the price from Rs 1,500 to Rs 4,000 and the Wagon R from Rs 1,500 to Rs 4,000.
