Maruti Suzuki to hike prices of model range from April
New Delhi: Maruti Suzuki India on Thursday said it will increase prices of its model range in April to partially offset the impact of "overall inflation and regulatory requirements".
The auto major, however, did not share the quantum of the price hike it intends to implement from next month.
The company continues to witness increased cost pressure driven by overall inflation and regulatory requirements, the auto maker said in a regulatory filing.
While the company makes maximum effort to reduce cost and partially offset the increase, it has become imperative to pass on some of the impact through a price increase, it added.
The company has planned this price increase in April, 2023, which shall vary across models, Maruti Suzuki India stated.
Already several automakers, including Honda Cars, Tata Motors and Hero MotoCorp, have announced increase in prices from April.
The Indian automobile industry is currently working to make their products meet the second phase of BSVI emission norms.
From April 1, vehicles will need to have an on-board self-diagnostic device to monitor the real-time driving emission levels.
The device will constantly monitor key parts for meeting emission standards, such as the catalytic converter and oxygen sensors, to keep a close watch on emissions.
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Fire in coach of New Delhi-Chennai express train; no casualty
Nagpur (PTI): A coach of the New Delhi-Chennai Grant Trunk Express caught fire in Maharashtra's Wardha district on Tuesday morning, railway officials said.
There were no casualties, they said.
Train 12616 New Delhi-Chennai (Tambaram) Grant Trunk Express left from Nagpur in the morning. While it was heading towards Sindi railway station in Wardha, smoke was detected in the last guard coach of the train at 11.09 am, Central Railway spokesperson Sanjay Muley told PTI.
The train was stopped on the Sindi-Tuljapur section, the affected coach was detached immediately, and the fire brigade was called, he said.
All passengers in the train and the coach concerned were safe, the official said.
The cause of the fire will be known after a detailed investigation.
The train will resume its journey in some time without the affected coach, the official added.
