Maruti Suzuki India to raise prices in January
05-December-2018
Automobile major Maruti Suzuki India on Wednesday said it would raise prices of various models in January 2019 due to high commodity prices and foreign exchanges rates.
The increase in prices would vary for different models, the company said in a regulatory filing to the BSE.
"Over the past year, the cost of company's vehicles has been impacted adversely due to increase in commodity prices and foreign exchange rates, etc. Hence, it has become imperative for the Company to pass on some impact of the above additional cost to customers through a price increase across various models in January 2019," the filing said.
Shares of Maruti Suzuki on the BSE settled at Rs 7,559.55 per share, higher by Rs 165.20 or 2.14 per cent from the previous close.-IANS
Indian Astronaut Shubhanshu Shukla to Return to Earth from ISS on July 15, Confirms ISRO
Tamil Nadu on High Alert After Nipah Cases in Kerala, High Vigil Along State Border
National Tennis Player Radhika Yadav Shot Dead by Father in Gurugram After Dispute Over Academy
Comedian-actor Kapil Sharma’s Kap’s Cafe in Canada Attacked in Shooting
Taj City’s Green Push Turns Landfill Into Miyawaki Forest