Maruti Suzuki to Hike Car Prices Following Hyundai’s Recent Decision
Starting in January 2025, Maruti Suzuki India, a leading car manufacturer, will be implementing a four percent price hike across all their car models. This move aligns Maruti Suzuki with other car brands like Audi, Mercedes-Benz, Hyundai, and BMW, who have also adjusted prices to offset increasing operational and input expenses.
From January 1st, Maruti cars will be pricier by as much as four percent. The cost hike varies based on the model and version you choose. For instance, the pocket-friendly Alto K10 starts at Rs. 3.99 lakh for the basic variant. On the other hand, the Invicto stands as the priciest Maruti model, with rates reaching Rs. 29 lakh for the high-end version (prices exshowroom).
Also Read: Hyundai Cars Set to Get Costlier by Up to Rs 25,000
Maruti Suzuki stands as the biggest car manufacturer in India, holding close to 40% of the market. In November, the company recorded over 144,000 units sold within the country, up from 134,000 units in the previous year’s same month. Particularly, the utility vehicle category, encompassing popular SUV models such as Brezza, Fronx, and Grand Vitara, experienced a notable growth of 16.9%.
Maruti Suzuki is the fifth car manufacturer in India to announce a price increase starting in January. Previously, the German luxury car trio of Mercedes-Benz, BMW, and Audi had also revealed similar plans. They all cited rising input costs and operational expenses as the main factors driving their decisions.
Also Read: New Maruti Suzuki Dzire Launched At Rs 6.79 Lakh
As we approach the new year, it’s likely that several car manufacturers will soon raise their prices. Brands like Tata Motors, Kia India, Mahindra, MG, Skoda, Volkswagen, Honda, Renault, Citroen, Jeep, and others may be among those making such announcements. So, be prepared for potential price increases from these companies in the near future.