Car Price Hike in April 2023: Automobile companies are increasing car prices due to the implementation of new regulatory rules.

Car Price Hike 2023: The country's largest automobile company Maruti Suzuki India Limited (Maruti Suzuki India Limited) has announced to increase the price of cars.

The company has said that the cost of the company has increased due to increase in prices and implementation of new regulatory rules.

Because of which it has been decided to increase the prices of cars.

However, the company has not yet disclosed the date from which the price hike will happen and by how much.

This will be the second price hike from Maruti Suzuki this year.

Prior to this, Maruti had increased the prices of cars in January as well.

Which model car is going to be expensive?

Maruti Suzuki (Maruti Suzuki Hikes vehicle prices) has said that despite the increasing pressure on the cost of the car, it has been our endeavor that the burden will not be put on the customers, if it is put then it should be at least.

But now the cost pressure is high, so it has become very important to increase the prices of the car (Maruti Suzuki car price hike 2023).

At the same time, under this increase, the price of which car will increase, the company says that it will depend on the model of that car.

Cars of companies including Tata Motors will be expensive

Let us tell you that many car makers including Honda Cars, Tata Motors and Hero MotoCorp have already announced a price hike from April. Commercial vehicles of Tata Motors from April 1 The prices will increase by 5%.

Tata Motors had announced to increase the prices of commercial vehicles by 5% from 1st April.

At the same time, Hero MotoCorp has also decided to increase the prices of some of its selected models (Car Price Hike) from 1 April 2023.

The company has said that the prices will increase by up to 2%.

From April 1, the rules of the second phase of BS-6 will be applicable.

From April 1, the rules of the second phase of BS-6 will come into force.

Car makers are making their new cars according to the second phase of 'BS-6 Emission Norms'.

Under the new rules, companies will have to follow the guidelines of BS-6 emission.

This will make the vehicles fuel efficient and help in reducing CO2 emissions.

Know why automobile companies are increasing the prices of vehicles

On-board diagnostic (OBD-2) rules have also been added to it now.

Through this, it will be necessary to fit OBD-2 devices in cars from April 1, so that the emission level of the vehicle can be monitored.

Till now such investigation was done in the laboratory.

Now the cost of installing this device in cars is between 10 thousand to 30 thousand rupees.

Because of which cars will become expensive.

(This news has not been edited by NDTV team. It is published from BQ PRIME.)