There is going to be a 1.3% price hike of all the Maruti Suzuki Cars in 2022. This is the Fifth price hike for the company since January 2021. Since then, Price hike of Maruti Suzuki was almost around 9%.
Maruti Suzuki, which owns the largest small cars market share has announced about the price hike recently. The latest hike was being implemented for all their car ranges in Indian Territory.
The reason for the price hike as stated by Maruti Suzuki is the increase in the cost of inputs. On an average, Maruti Suzuki will be costing 1.3% more than the present showroom prices in India.
Since January 2021, Maruti Suzuki has been increasing its prices by 9% till now for all its available models from Alto to S-Cross.
The Latest Hike is ranging from 0.9% to 1.9% depending upon the car variants.
