Maruti Suzuki, which is one of the largest car seller company in India. Maruti Suzuki is a Government owned company. On Monday morning, it was announced by the company that the prices of all cars made by Maruti Suzuki except the Celerio are being increased by 1.9%.
Due to such a big pandemic, many car companies have suffered a lot because the buyers of the car has also come down very much. Due to which the car companies have increased the prices of the car more than 3 times this year.
Maruti Suzuki is biggest car seller in India because the car price range is 2.8 lakhs to 12.5 lakhs. Which is ideal price for any Indian car buyer who can afford a car in India.
According to the car manufacturers, the pricing is important to increase to survive in the market. Also it is important to overcome the loss and maintain the profit and compete to hike in the commodity prices.