Maruti Suzuki raises prices again.

Business

Posted by AI on 2025-03-17 15:47:01 | Last Updated by AI on 2025-07-20 21:39:54

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NEW DELHI – India's largest car manufacturer, Maruti Suzuki, has announced another price hike across its entire model range, effective immediately. This increase, which ranges up to 4%, comes just two months after the company implemented a similar price adjustment. The move is likely to impact car buyers already grappling with rising inflation and fuel costs.

While the company has cited increased input costs as the primary reason for the hike, the repeated price adjustments in such a short span have raised eyebrows among industry analysts and consumers. Maruti Suzuki, in an official statement, explained that the rising prices of essential commodities like steel, aluminum, and precious metals have made it unsustainable to absorb the full impact of the cost escalation. They further pointed to global supply chain disruptions and the ongoing semiconductor shortage as contributing factors.

"The price rise has become necessary to offset the adverse impact of the persistently increasing input costs," stated a Maruti Suzuki spokesperson. "We have tried to minimize the price increase for our customers, but maintaining profitability while ensuring quality remains our priority."

This latest price hike comes during the festive season in India, traditionally a period of high car sales. Experts predict that this move could dampen consumer sentiment and potentially impact sales volumes. Competitors are also likely to follow suit, putting further pressure on the auto market.

The increase varies across models, with some popular vehicles like the Swift and Baleno seeing prices rise by approximately ₹10,000-₹20,000. The exact amount will depend on the specific variant and features chosen. Customers who have already booked their vehicles but are yet to receive delivery might also be affected by the price hike, depending on the terms of their booking agreement. This second price hike in as many months is sure to fuel discussions around affordability and the overall health of the Indian automotive sector. It remains to be seen how the market reacts to this latest development and whether the festive season can overcome this pricing hurdle.

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