"Rising commodity prices, especially those of steel, copper, rhodium, and palladium amongst others have left us with no choice but to raise prices across models," Maruti Suzuki India's Executive Director, Marketing and Sales, Shashank Srivastava said.
The country's largest automobile maker did not reveal the quantum of the proposed price hike.
SMG has completed construction of Plant C and started production from April 2021, the auto major said in a regulatory filing.
Sales of the mid-sized sedan Ciaz stood at 1,628 units last month. The model wholesales had stood at 1,863 units in March 2020.
The company has added 208 new service workshops in 2020-21, despite tough conditions due to the COVID-19 pandemic.
Toyota Kirloskar Motor (TKM) said it sold 12,373 units in the domestic market last month, up 4.27 per cent from 11,866 units in October 2019.
HAMS, developed in partnership with Microsoft Research India, is an important tool to modernise the driving license test in our country.
The model has strengthened its appeal with every upgrade and has become the preferred choice for first-time buyers.
At 1.44 PM, Maruti shares were at 1.66 per cent with Rs 6,951.25 on BSE.
Sales of mini cars comprising Alto and WagonR stood at 19,709 units as compared to 10,123 units in the same month last year, up 94.7 per cent.
