The country’s largest car manufacturer Maruti Suzuki India has increased the prices of cars from today. The company said that it has increased the price of all cars except the Celerio by up to 1.9 percent. The new prices have also come into effect from today. The new price of cars has been increased according to different models and variants. The company said that the reason behind the increase in the price of the cars is the continuous increase in the prices of raw materials. The company cannot bear the entire burden of the input cost itself, so it is also putting some part of it in the pockets of the customers.
All cars have become expensive
Bhopal’s Maruti Suzuki Dealership RMJ Motors said that all cars have become expensive from today. After the new prices, Maruti’s cars have become expensive by 10 to 25 thousand rupees. The company’s entry-level Alto has now become costlier by up to Rs 18,000 on-road. Similarly, vehicles like Swift Dzire, Eeco, Ertiga, S-Presso have also become expensive by up to 25 thousand.
Prices have increased 4 times this year
It is not that Maruti has increased the prices of its cars for the first time this year. Even before this, he has increased the prices of cars 3 times. First, in January, the company had increased the price of cars by up to Rs 34,000. In April, some models were increased by up to Rs 22,500. After this, in July, the company once again increased the price. In such a situation, now cars have become expensive for the fourth time.
3 main reasons for rising prices
- Steel Expensive: With regard to the increase in the cost of vehicles, the company says that due to the increase in the cost of raw materials, the cost of preparing the vehicle is also increasing. Especially the price of steel is increasing continuously. Steel prices have gone up by 50 percent in the last year.
- Shortage of Semiconductor: There has been a widening gap between the supply and demand of semiconductors across the world. Many companies have had to close their plants due to bad weather and pandemic. In such a situation, car companies have to buy them by paying more money.
- Transportation costly: With all this, taxes are being levied on vehicles coming from outside. At the same time, transportation has also become expensive due to the increase in the price of petrol and diesel. All these things are affecting the price of the vehicle.
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