Auto major Maruti Suzuki India Limited on Monday announced a price change for Swift and all CNG variants owing to increase in various input costs. The increase in ex-showroom prices (Delhi) is up to ₹15,000 on the above models. The new prices are effective from today, it said.
''With reference to our earlier communication dated 21st June, 2021, Maruti Suzuki India Limited today announced a price change for Swift and all CNG variants owing to increase in various input costs. Increase in Ex Showroom Prices (Delhi) is up to 15,000 INR on the above models. The new prices are effective from today i.e. 12th July, 2021,'' Maruti said in an exchange filing. The company said that the price increase in other models is planned shortly and shall be intimated accordingly. Shares of Maruti Suzuki surged over 1% higher in Monday's opening deals to ₹7,500 per share on the BSE. The company in June had said that it will increase the prices of its cars from July in order to pass on some impact of additional cost to customers. "This is to inform you that over the past year the cost of the company's vehicles continues 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," Maruti Suzuki said in a filing on June 21.
"The price rise has been planned in quarter 2 and the increase shall vary for different models," the carmaker stated. Earlier, the auto manufacturer had raised prices for different car models in April due to a rise in various input costs. In January, the carmaker had cited a rise in input costs and had increased prices for some car models. The prices were hiked by up to ₹34,000 depending on the model and ranges.
''With reference to our earlier communication dated 21st June, 2021, Maruti Suzuki India Limited today announced a price change for Swift and all CNG variants owing to increase in various input costs. Increase in Ex Showroom Prices (Delhi) is up to 15,000 INR on the above models. The new prices are effective from today i.e. 12th July, 2021,'' Maruti said in an exchange filing. The company said that the price increase in other models is planned shortly and shall be intimated accordingly. Shares of Maruti Suzuki surged over 1% higher in Monday's opening deals to ₹7,500 per share on the BSE. The company in June had said that it will increase the prices of its cars from July in order to pass on some impact of additional cost to customers. "This is to inform you that over the past year the cost of the company's vehicles continues 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," Maruti Suzuki said in a filing on June 21.
"The price rise has been planned in quarter 2 and the increase shall vary for different models," the carmaker stated. Earlier, the auto manufacturer had raised prices for different car models in April due to a rise in various input costs. In January, the carmaker had cited a rise in input costs and had increased prices for some car models. The prices were hiked by up to ₹34,000 depending on the model and ranges.
ऑटो प्रमुख मारुति सुजुकी इंडिया लिमिटेड ने सोमवार को विभिन्न इनपुट लागतों में वृद्धि के कारण स्विफ्ट और सभी सीएनजी वेरिएंट के लिए मूल्य परिवर्तन की घोषणा की। उपरोक्त मॉडलों पर एक्स-शोरूम कीमतों (दिल्ली) में ₹15,000 तक की वृद्धि की गई है। नई कीमतें आज से प्रभावी हैं। ''हमारे 21 जून, 2021 के पहले के संचार के संदर्भ में, मारुति सुजुकी इंडिया लिमिटेड ने आज विभिन्न इनपुट लागतों में वृद्धि के कारण स्विफ्ट और सभी सीएनजी वेरिएंट के लिए मूल्य परिवर्तन की घोषणा की। उपरोक्त मॉडलों पर एक्स शोरूम कीमतों (दिल्ली) में वृद्धि 15,000 आईएनआर तक है। नई कीमतें आज यानी 12 जुलाई, 2021 से प्रभावी हैं, '' मारुति ने एक एक्सचेंज फाइलिंग में कहा।कंपनी ने कहा कि जल्द ही अन्य मॉडलों की कीमतों में वृद्धि की योजना बनाई गई है और तदनुसार सूचित किया जाएगा। मारुति सुजुकी के शेयर सोमवार के शुरुआती सौदों में 1% से अधिक बढ़कर बीएसई पर 7,500 रुपये प्रति शेयर हो गए।कंपनी ने जून में कहा था कि वह जुलाई से अपनी कारों की कीमतों में वृद्धि करेगी ताकि ग्राहकों पर अतिरिक्त लागत का कुछ प्रभाव डाला जा सके। "यह आपको सूचित किया जाता है कि पिछले एक साल में विभिन्न इनपुट लागतों में वृद्धि के कारण कंपनी के वाहनों की लागत पर प्रतिकूल प्रभाव पड़ रहा है। इसलिए, कंपनी के लिए उपरोक्त अतिरिक्त लागत के कुछ प्रभाव को पारित करना अनिवार्य हो गया है। मूल्य वृद्धि के माध्यम से ग्राहकों के लिए, "मारुति सुजुकी ने 21 जून को एक फाइलिंग में कहा। कार निर्माता ने कहा, "कीमतों में वृद्धि की योजना दूसरी तिमाही में बनाई गई है और विभिन्न मॉडलों के लिए वृद्धि अलग-अलग होगी।" इससे पहले, ऑटो निर्माता ने विभिन्न इनपुट लागतों में वृद्धि के कारण अप्रैल में विभिन्न कार मॉडलों के लिए कीमतें बढ़ाई थीं। जनवरी में, कार निर्माता ने इनपुट लागत में वृद्धि का हवाला दिया था और कुछ कार मॉडलों के लिए कीमतों में वृद्धि की थी। मॉडल और रेंज के आधार पर कीमतों में ₹34,000 तक की बढ़ोतरी की गई थी।
Key Learnings
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Noun : adversely //ऐड्वर्स्ली// [प्रतिकूलता से]
Definition: in an adverse manner
Synonyms: negatively, skeptically, resentfully
Antonym: favorable, friendly, amicable -
Noun : imperative //इम्पेरटिव// [अनिवार्यता]
Definition: requiring attention or action
Synonyms: vital, crucial, critical
Antonym: unimportant, optional, submissive
