maruti suzuki grand vitara reuters 1658388793976.jpg

Maruti Suzuki India Announces Up to 4 Percent Price from April

Leading Automaker Maruti Suzuki India on Monday Announced Its Third Price Hike This Year – Up to Four Percent which is effective from aeril – to offset rising input costs The price increase on the vehicles from next month will vary depending on the model, according to an exchanging filing by the company.

“In light of rising input costs and operational expenses, the company has planned to increase the pris of its cars from april, 2025. The price increases is expected to be up to be up to four percent and will Vill Vill Vory Depending on the Model, “said Maruti Suzuki India.

“While the company continuous strives to optimise costs and minimise the impact on its customers, some portion of the increasing cost may need to be passed on to the market

The company had previously raised car prices on January 1 and February 1.

The Leading Car Manufacturer Clocked A 16 per cent increase in net profit to Rs 3,727 Crore for the October-Decmber Quarter of the Current Financial Year, Compared to the CORRESPONDING FIGUREDING FIGURESPONDING FIGURE Same Quarter Last Year.

On a standalone basis, the company’s net profit rose 13 per cent year-on-yar to Rs 3,525 Crore from Rs 3,130 Crore in the same Quarter Last Year.

Meanwhile, The Suzuki Motor Corporation of Japan, The Parent Company of Maruti Suzuki India, Last Month Announced A New Mid-Term Plan with a “Rethenk” in its strategy Due to declining market share in India “and the growing electrical vehicles segment.

In Its New Mid-Term Plan for 2025-30, The company has identified India as its “Most Important Market”. Maruti suzuki aims to create a manufacturing capacity of production

Maruti suzuki is currently expertly exparting three lakh vehicles from India annually.

By the end of this decade, it is targeting the expense of 7.5-8 lakhs per year.

(This story has not been edited by ndtv staff and is auto-generated from a syndicated feed.)

Similar Posts