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The company’s small cars like Alto and S-Presso were launched last month Sale It fell to 9,959 units. It was 18,251 units in the same month last year. Its hatchback segment sales fell to 64,679 units. It was 72,844 units in November last year. This segment includes Celerio, Dzire and Ignis. The company’s sales in both these segments have fallen by about 20 percent.
Maruti Suzuki’s SUV and MPV segment sales grew to 49,016 units. This segment includes Brezza, Fronx, Grand Vitara, Jimny, S-Cross, Ertiga, Invicto and XL6. Company Maruti Suzuki has increased its focus on SUVs. Due to the increased demand in this segment, the company’s profit grew by about 80 percent in the last quarter. The company has decided to increase the prices of its cars from the beginning of the new year. The prices of cars will increase from January next year. Maruti Suzuki has said that the prices of cars are being increased due to increased cost pressure. The company had said that it has tried its best to bear the cost increase but it will have to pass on some of this burden to the customers.
The company has cars ranging from small cars to SUVs. Their prices range from Rs 3.54 lakh to Rs 28.42 lakh (ex-showroom, Delhi). The company has informed the stock exchange about increasing the prices of the cars. However, it did not say how much the prices will be increased. Maruti Suzuki says that the price increase will vary according to the models. In April this year, the company had increased the prices of all its vehicles. Earlier in January also, these prices had increased by about 1.1 percent.
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