Recently, Maruti Suzuki Announced price hike upto Rs.6100 Ex-showroom which will be effective from 16 August 2018. This is the second price hike from Maruti Suzuki in this year 2018.Previously Maruti suzuki increase thier price in January, ranging from Rs.1800 to Rs.18,000 Ex-showroom
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Why Maruti Suzuki hike their Car price ?
Maruti Suzuki reveals that they hike price due to increase in commodity and distribution cost and adverse foreign exchange rate.
The car maker has not reveal that which model price is to be hike yet. CEO (sale and marketing) of maruti suzuki said that due to increase in price of raw material company has to take some step to increase the price of cars.
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In addition to that, German luxury car company also increase their price of cars upto 10 lakh, this hike in price is effective from month of September. In last 8 month, Rupees in weaker in front of yuro upto 8% that’s why we see this hike in price in automobile sector.
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