Maruti car prices rise in January 2022

Image – Dev Mtr

Maruti Suzuki announces price increase from January 2022 – To vary by model

As the supply of spare parts is a major concern for companies, cost is the key to a product’s success. In recent months, supply chain disruptions have further worsened input costs. Until 2021, the cost calculations had a negative impact due to the increased costs of various inputs.

Maruti car prices rise in January 2022

Maruti Suzuki India has now announced that a price hike is expected in January 2022 to pass on some of the impacts of the above additional costs. The price increase will vary by model. Maruti Arena cars include Alto, WagonR, Celerio, Swift, Dzire, S-Presso, Ertiga, Brezza, EECO and their line of commercial cars under the Tour brand. Maruti Nexa cars include Ignis, Baleno, Ciaz, S-Cross and XL6.

When it comes to price increases, manufacturers make several such announcements in any given year. This is especially true at the start of each calendar year. With new model year vehicles on the table, the price hike announcements for January of each year are a given. MSIl announced price revisions in March, July and September 2021.

Maruti production release in December 2021

On the production side, after a drop in production in November, MSIL expects production to be reduced even in December 2021. In a statement released earlier this week, the automaker said production of vehicles in the two factories could reach 80 to 85% of normal. go out. This is largely due to the current global semiconductor shortage.

Maruti Automobile Plant
Maruti Automobile Plant

Currently with reduced production, delivery is optimized. Total vehicle production in November 2021 is reported at 1,45,560 units, about 5,000 less than on November 20. Wholesale sales for the month are reported at 1,39,184 units.

Although manufacturing is currently adjusted according to supply chain limitations, Maruti’s monthly business volume is higher than reality. Even now, when the industry is in the throes of an unpredictable shortage.

MSIL UV product strategy

As Maruti balances the cost conundrum based on the market situation, MSIL offered an overview of its short-term product strategy. While the Jimny has been eagerly awaited since the launch of the latest model, utility vehicles are the center of attention. And this time around, MSIL isn’t just talking about smaller variants. The focus is on mid-range UV.

This will help the brand respond to customers who need to upgrade to the next UV. With MSIL having a product gap in these segments, closing the gap will help attract buyers. In addition to gasoline engines, MSIL is a strong advocate for CNG vehicles and hybrids. The company would be interested in these fuel variations and alternatives, even in the larger range of UVs to be launched. The large UV segment benefits from positive growth forecasts.


Source link

Comments are closed.