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

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

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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.