InvestorQ : Is it true that Maruti Suzuki has again raised car prices?
Dia Deshpande made post

Is it true that Maruti Suzuki has again raised car prices?

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swati Bakhda answered.
4 months ago
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This is the third occasion in this year that Maruti will be raising the prices of cars across the board. This price hike is largely to offset the increase in input costs. In last 1 year, a shortage of inputs and disruptions in the global supply chain resulted in a sharp spike in input cost of Maruti and for most auto companies.

There is a point beyond which auto companies cannot absorb input price hikes and have to pass it on to the customers. This time around, the price hike will be effected on 01-Sep and will be across models. Most of the key inputs like steel, aluminium, copper and even the micro chips that go into cars have become steeply expensive.

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