Maruti Suzuki to Increase Prices in Next Quarter

The country's biggest carmaker Maruti Suzuki Monday said it will increase prices across its scope of vehicles in the forthcoming quarter to balance any rise in input costs. The Company said in a statement that over the past year the cost of the company’s vehicles continued to be adversely impacted due to an increase in various input costs. “Hence, it has become imperative for the company to pass on some impact of the above additional cost to customers through a price rise.