Maruti Suzuki India to hike prices from January 1; check out details

Maruti Suzuki Price Hike Announcement: Maruti Suzuki India Limited (MSIL) on Friday, December 6, announced that it has planned to increase the prices of its cars from next month i.e., January 2025. According to the company, the price increase is expected to be up to 4 per cent and will vary depending on the model. 

The decision to increase prices is attributed to the rising input costs and operational expenses.

Company's Statement

While the Company continuously strives to optimize costs and minimize the impact on its customers, some portion of the increased cost may need to be passed on to the market, said the company's official release.

Maruti Suzuki's Share Price Today

Maruti Suzuki India shares entered green territory after the announcement. At 12:47 pm, the recently-listed stock was up 1.38 per cent at Rs 11,335.25 apiece on BSE. 

Hyundai Motor Also Announced Price Hike

Yesterday, Hyundai Motor also announced that it will raise prices for its entire model range, effective January 1, 2025. For more details Read