Big blow to car buyers! Maruti Suzuki cars will be expensive from ‘this’ date; Price hike up to Rs 30,000

  • Big blow to car buyers!
  • Maruti Suzuki cars will be expensive from ‘this’ date
  • Price hike up to Rs 30,000

Maruti Suzuki Car Price Hike: A leader in the Indian automobile sector and the country’s largest car manufacturer ‘Maruti Suzuki India’ (Maruti Suzuki India) has given a big blow to the car buyers. As per the official information announced by the company on Thursday, the prices of all Maruti cars will be hiked from June 2026 onwards. Depending on the different models and variants, the prices of the car will go up to Rs 30,000. The company has clarified in its stock exchange filing that the hike will be applicable across all models of the company.

Price hike decision due to increase in vehicle manufacturing cost

Explaining the main reason for the price hike, Maruti Suzuki in a regulatory filing said, “Input costs (raw material and operating costs) for car production have been increasing steadily. Given the rising cost of raw materials and challenges facing the automobile industry, the company has been forced to take a decision to increase the prices of all models by Rs 30,000 from June 2026.”

The company further said, “Many measures have been taken at various levels to reduce production costs over the past few months. The company has borne a lot of financial burden to avoid passing on the burden of rising costs to the consumers. However, now the inflationary pressure has increased to a maximum and a partial price hike is inevitable.”

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The new rates will vary according to different models

Maruti Suzuki has clarified that this price hike of Rs 30,000 will be the maximum limit. This means that the increase will vary depending on the different car models (eg Alto, Swift, Dzire, Brezza or Grand Vitara) and their engine or fuel type (Petrol, CNG). Prices of base models will increase less, while premium and top-end cars may see higher price hikes.

Inflation in the automobile sector

The announcement by Maruti Suzuki comes at a time when most automobile companies in the country are reeling from rising raw material prices, transportation costs and supply chain disruptions. Many companies have already increased the prices of their cars to cope with rising inflation. Earlier, on April 6 this year, major auto manufacturer Mahindra & Mahindra also announced a price hike for its SUVs and commercial vehicles. Mahindra had hiked vehicle prices by an average of 1.6 percent to a maximum of 2.5 percent, citing increased input costs. Now after this announcement by Maruti, other car companies are also expected to increase the prices of their cars in the future.

Over 53 lakh vehicles in Mumbai… Along with the population, the increasing number of vehicles is also a problem for Mumbaikars!

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