Maruti Suzuki hikes prices of vehicles up to INR 17,000

Maruti Suzuki India Ltd announced price increase across models by up to Rs 17,000 with immediate effect.

The company said that the hike will range between Rs 1,700 and Rs 17,000 owing to increase in commodity, administrative and distribution costs.

The new pricesare effective from 10th January 2018.

The company said that the meeting of the board of directors of the Company is scheduled to be held on Thursday, 25th January, 2018, to consider and approve, the unaudited financial results for the quarter ended on 31st December, 2017.

Yash Ved
Yash Ved is a Senior Correspondent at NewsBarons and comes with a decade of experience across leading online and offline publications. A keen observer of the stock index movement, Yash also likes covering Real Estate and the BFSI sector. A financial management and Journalism student, Yash believes learning as a continuous journey and enjoys following the IT and the Pharmaceutical industry and has penned many articles on the subjects.