“The weighted common value enhance in ex-showroom Costs (Delhi) throughout fashions is 1.7 per cent. The brand new costs are efficient from right now,” the auto main mentioned in a regulatory submitting.
MSI sells a spread of vehicles from Alto to S-Cross priced between Rs 3.15 lakh and Rs 12.56 lakh, respectively.
The auto main has already hiked the automobile costs 3 times final yr – by 1.4 per cent in January, 1.6 per cent in April and 1.9 per cent in September, taking the overall quantum to 4.9 per cent.
Final month, the corporate had acknowledged that it has been compelled to hike costs because of the enhance in value of important commodities like metal, aluminum, copper, plastic and treasured metals over the past one yr.