Maruti Suzuki to hike prices of its models in April 2023

The month of April will also see the rollout of the BS6 Phase-II norms.

Maruti Suzuki has confirmed that it would announce a price hike across its model range in April 2023.

India’s largest carmaker said in a stock exchange filing that it continues to witness increased cost pressure driven by overall inflation and regulatory requirements. While it makes an effort to reduce costs and partially offset the increase, it has become imperative to pass on some of the impacts through a price increase.

The month of April will also see the rollout of the BS6 Phase-II norms which manage carmakers to equip their vehicles with pollutant detection devices.

Maruti hasn’t announced the quantum of the price hike yet, but that it would vary depending on the model.

Source: ET Auto