The company expects shortage of electronic components to impact production in December and is taking measures to minimize it. The company produced 21,904 small cars in November. The figure stood at 19,810 units in the same month last year. However, production of utility vehicles declined from 35,590 units to 29,294 units.
Maruti will start selling its cars from the beginning of next year. prices Preparing to scale up. The company said that it had to take this decision due to increase in cost due to inflation and recent regulatory rules. In the September quarter, the company’s net profit grew almost four times to over Rs 2,061 crore. The company has stated in the regulatory filing, “Due to inflation and recent regulatory rules, the company is under pressure to increase the cost. Due to this, it has become necessary to reduce some of this burden by increasing the price. The company will increase the price from January next year.” It is planned to increase it. It will differ according to the models of cars.
Some other automobile companies may also increase the prices of their cars. Two-wheeler maker Hero MotoCorp has also announced an increase in the prices of bikes and scooters. Maruti in November sale increased to about 1.60 lakh units. This is an increase of about 15 percent compared to the same month last year. The launch of new variants of Baleno and Grand Vitara has helped the company in increasing the sales this year. After dominating the small car segment, the company has started focusing on SUVs with launches like the new generation Brezza. Top international markets for the company include Latin America, ASEAN and the Middle East. Maruti’s cars like Dzire, Swift, S-Presso and Baleno are in great demand abroad. The company launched the new Grand Vitara in September.
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