Maruti Suzuki cars costlier by 4.3 percent from Saturday

New Delhi, January 15 (Agency) The country’s largest carmaker Maruti Suzuki India (MSI) has increased the prices of its various models by up to 4.3 percent. Giving this information on Saturday, the company said that it has taken this step to partially reduce the burden of increase in cost of production. The company has increased the prices of its various models by 0.1 to 4.3 percent. In a communication sent to the stock exchanges, the company said the weighted average price of various models at its Delhi showrooms has increased by 1.7 percent. The new prices have become effective from today. Maruti sells models from Alto to S-Cross. Their price ranges from Rs 3.15 lakh to Rs 12.56 lakh. Last year, Maruti increased the prices of its cars 3 times. In January last year, Maruti had increased prices by 1.4 per cent, in April by 1.6 per cent and in September by 1.9 per cent, or 4.9 per cent overall. The company had said last month that it would have to increase the prices of its vehicles due to the rise in prices of essential commodities such as steel, aluminium, plastic and precious metals in the past one year.

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