Leading automobile manufacturer Maruti Suzuki India has announced a significant price hike across its vehicle lineup. The decision comes in response to rising raw material costs, as stated by the company. This price increase will take effect from February 1, 2025.
The price hike will vary depending on the model. Some vehicles will see a price rise of up to ₹32,500, impacting customers planning to purchase a Maruti Suzuki car.
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Reason Behind the Price Hike –
The surge in raw material costs, particularly for steel, aluminum, and other metals, has led to increased production expenses. To manage this, the company has decided to pass on the burden to its customers.
This decision by Maruti Suzuki will put an additional financial burden on customers. With inflation already affecting household budgets, car buyers will now have to spend more to own this company’s vehicle.
