Maruti Suzuki Cars to Cost More from April

New Delhi: Prices of all models of Maruti cars will be increased from April 2023. Maruti Suzuki India on Thursday said it will increase prices of its model range in April. This decision was taken to partially counter the impact of “overall inflation and regulatory requirements”.

The authorities of Maruti Zuzuki India did not reveal the amount of the price hike which is to be implemented from next month.

This auto major of India is facing increased cost pressure driven by overall inflation and regulatory requirements. The company authorities felt it was imperative to pass on some of the impact through a price increase.

The company has planned this price increase in April, 2023, which shall vary across models, Maruti Suzuki India stated.

Several other car makers like Honda Cars, Tata Motors and Hero MotoCorp have announced increase the prices of their vehicles from April.

The Indian automobile industry now has to satisfy the second phase of BSVI emission norms. It is said to be a reason behind increase in production cost of vehicles. From April 1, vehicles will need to have an on-board self-diagnostic device to monitor the real-time driving emission levels.

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