Mumbai: Automobile manufacturer in India, Maruti Suzuki on Wednesday said it would raise prices of various models in January 2019 due to high commodity prices and foreign exchanges rates.
The increase in prices would vary for different models, the company said in a regulatory filing to the BSE.
“Over the past year, the cost of company’s vehicles has been impacted adversely due to increase in commodity prices and foreign exchange rates, etc. Hence, it has become imperative for the Company to pass on some impact of the above additional cost to customers through a price increase across various models in January 2019,” the filing said.
Shares of Maruti Suzuki on the BSE settled at Rs 7,559.55 per share, higher by Rs 165.20 or 2.14 per cent from the previous close.
Automobile major Maruti Suzuki India on Saturday reported a decline of 0.7 per cent in its total sales including exports for November.
Maruti Suzuki plans to raise prices of various models in January 2019:
According to Maruti Suzuki India, a total of 153,539 units were sold last month, compared to 154,600 units’ off-take recorded during the corresponding period of the last financial year.
However, the company’s domestic sales rose 0.5 per cent on a year-on-year basis to 146,018 units in November.
Although, the domestic passenger vehicles sales dipped 0.3 per cent to 143,890 units, the company’s sales of light commercial vehicles in the country rose 112.2 per cent to 2,128 units.
On the other hand, exports slumped 19.1 per cent to 7,521 vehicles.
So far, in the financial year 2018-19, the company has sold a total of 12,75,632 units, which is 7.4 per cent higher than 1,187,735 units off-take during the corresponding period of last fiscal.
Yamaha India launches Fascino Darknight Edition with maintenance free battery
New Delhi: The new model of Yamaha Fascino Darknight Edition comes with Unified Braking System (UBS) along with additional feature like maintenance free battery.
The introductory price for Yamaha India has launched at an introductory price of Rs 56,793 (Ex showroom Delhi) in the country. The special edition comes with Unified Braking System (UBS) along with additional feature like maintenance free battery.
Being firstly introduced in 2015 in India, Yamaha Fascino has got a new color in form of “Season green” with UBS, maintenance free battery followed by today’s launch of the Darknight edition.
Yamaha Motor India group Chairman, Mr. Motofumi Shitara, of companies said on the occasion, “Yamaha is committed to establish its uniqueness through exciting, stylish and sporty products and experiences. Yamaha Fascino has already gone up and about its unique style and excitement in the market.
With maintenance free battery Yamaha India rolls out Fascino Darknight Edition at Rs 56793:
This brand new Darknight edition will further create an urbane style which is in line with Yamaha’s efforts to add DARKNIGHT editions in many other two wheelers.” Yamaha is all set to launch the MT-15 on March 15, 2019 in the Indian market.
The onslaught from the Japanese 2-wheeler maker in 2019 continues as it has already launched a plethora of new products in the Indian market such as ABS enabled YZF-R15 Version 3.0 (155 cc), the new FZ FI (149 cc), FZS FI (149 cc), FZ 25 (249 cc), Fazer 25 (249 cc) and scooters with UBS and maintenance free battery in exciting colours.
Yamaha’s new strategic campaign “The Call of the Blue” which parasols the overall product and marketing initiatives including motorcycles and scooters now brings excitement into the 113 cc scooter category with the introduction of Yamaha Fascino Darknight Edition.
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