Maruti Suzuki to Increase Car Prices by Up to 4% from April 2025
Maruti Suzuki to Increase Car Prices by Up to 4% from April 2025
Maruti Suzuki India Ltd. (MSIL) has announced that it will raise car prices by up to 4% starting April 1, 2025. This is the third price increase this year, caused by rising costs of materials and operations. The company tried to manage these costs but now has to pass some of them on to customers.
Maruti Suzuki’s 2025 Price Hikes So Far:
- January 2025: Prices went up by 4%
- February 2025: Increase of 1% to 4%, depending on the model
- April 2025: Another hike of up to 4%, varying across models
Maruti Suzuki’s Executive Officer and Company Secretary, Sanjeev Grover, said:
“We are always working to keep costs low for our customers, but some of the increased expenses now need to be shared.”
Other Car Companies Also Raising Prices
Maruti Suzuki is not the only carmaker increasing prices. Many companies are facing higher costs due to expensive raw materials, supply chain issues, and inflation. Experts believe more price hikes may happen in 2025, making cars costlier for buyers.
Stock Market Reaction
After this announcement, Maruti Suzuki’s stock rose by 1.9% to ₹11,732. However, it is still 15% lower than its all-time high of ₹13,680.
Despite the price increase, Maruti Suzuki assured customers that it will continue to offer high-quality cars and services while managing rising costs.
