Maruti Suzuki India, the country's largest carmaker, on Thursday said it is planning to increase vehicle prices from January next year to offset the impact of the rise in input costs.

The price increase would vary from model to model, the auto major said, without sharing the details.

Maruti Suzuki India (MSI) plans to drive in CNG trims across its product range as it remains bullish over long-term prospects of the segment amid increase in fuel prices and drop in diesel car sales, according to a senior company official.

The company, which sold around 1.62 lakh CNG cars last fiscal year, is also counting on the rapid expansion of CNG dispensing outlets across the country to bring in more CNG products.

India’s biggest domestic car manufacturer Maruti Suzuki India reported a 65.3 per cent year-on-year (YoY) decline in net profit at Rs 475.3 crore for the July to September quarter of FY22 (Q2FY22). It was Rs 1,371.6 crore in Q2FY21.

On a sequential basis, the profit rose 7.8 per cent from Rs 440.8 crore.

The country's largest carmaker Maruti Suzuki India on Wednesday said its total production in August declined by 8 per cent on a yearly basis to 1,13,937 units as semiconductor shortage impacted its manufacturing schedules.

The company had produced a total of 1,23,769 units in the year-ago period, Maruti Suzuki India (MSI) said in a regulatory filing.

The country's largest carmaker Maruti Suzuki India on Monday said it will hike prices across models from next month amid rising input costs.

In a regulatory filing, the company said, over the past year the cost of company's vehicles continue to be adversely impacted due to increase in various input costs.

The country's largest carmaker Maruti Suzuki India (MSI) on Saturday said it has achieved the milestone of 20 lakh cumulative exports.

The auto major achieved the milestone as a batch of products comprising S-Presso, Swift and Vitara Brezza left for South Africa from the Mundra Port in Gujarat.

The country's largest car maker Maruti Suzuki India (MSI) on Monday reported a 4.3 per cent increase in total sales to 1,60,752 units in January.

The company had sold 1,54,123 units in January last year, Maruti Suzuki India (MSI) said in a statement.

The Indian equity indices surged to fresh record highs on Tuesday morning with the NSE Nifty50 crossing the 13,000 mark for the first time ever.

Nifty has touched a record high of 13,029.50 points, while the BSE Sensex hit an all-time high of 44,422.26.

India's largest carmaker Maruti Suzuki on Tuesday resumed operations at its Manesar plant in Haryana after about 50 days of closure due to the coronavirus-enforced lockdown.

The company has initiated the work on a single shift basis.

Maruti Suzuki India (MSI) is the latest carmaker to restart operations in the third phase of the nationwide lockdown which began on May 4 and will last till May 17.

Shares of auto companies were trading with up to 19 per cent cut on the NSE on Thursday as panic selling continued amid growing fears of economic dislocation due to pandemic Coronavirus (Covid-19).

Nifty Auto index hit a six-year low today. At 10:33 am, the index was trading 7.5 per cent lower at 5,102 levels with 14 out of 15 components declining. In comparison, the benchmark Nifty50 index was hovering around 8,000 levels, down 466 points or 5.5 per cent.

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