Reuters
India's Maruti Suzuki hikes prices for a third time since May
xCruzo Brief
Maruti Suzuki India said it will raise prices of select models by up to 20,000 rupees (about $211.80) starting in September, its third hike since May. The company attributed the move to ongoing inflationary pressures and elevated costs. According to Maruti, the first two increases were implemented across its broader portfolio, while the latest adjustment will be limited to particular models. The announcement comes as automakers across India continue to grapple with higher input and operating expenses, pushing periodic list-price revisions even when demand remains resilient.
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