Maruti Suzuki to hike prices this month; recalls nearly 20,000 Eeco vans

The country’s largest carmaker Maruti Suzuki India (MSI) on Wednesday said it will increase prices of its entire model range this month amid rise in input costs.

Over the past year, the cost of the company’s vehicles continued to be adversely impac­ted due to increase in various input costs, the auto major said in a regulatory filing.

“Therefore, it has become imperative for the company to pass on some impact of the above additional costs to customers through a price hike,” it added.

The company has planned to increase the prices in April and the hike will vary for different models.

However, the company