Car Manufacturers In India To Increase Prices From April 2025

Published: Thursday, March 20, 2025, 16:15 [IST]

Several car manufacturers in India, including Maruti Suzuki, Tata Motors, and Hyundai, are set to introduce price hike across their model ranges starting April 2025. The price hikes are attributed to rising material costs and supply chain challenges. These adjustments will vary by model and variant, with Maruti Suzuki planning up to a 4% increase and Kia up to 3%.

Maruti Suzuki's Price Adjustments

Maruti Suzuki is preparing for its third price hike of the year, with increases reaching up to 4%. Previously, models like the Celerio, Brezza, and Alto K10 saw price rises of up to Rs 32,500 in January and February. Although specific reasons for the increased costs haven't been disclosed, it's believed that rising raw material expenses and supply chain issues are contributing factors.

Tata Motors' Upcoming Changes

Tata Motors will also implement price hikes from April across its entire lineup. While the company has not specified the maximum increase, it attributes these changes to escalating input costs. The exact impact on different models and variants remains to be seen.

Hyundai's Planned Increases

Hyundai plans to raise prices by up to 3% for models such as the Creta, Verna, Venue, and Tucson. The company cites increased commodity prices and operational expenses as reasons for this decision. These adjustments reflect broader industry trends affecting mass-market car brands.

Kia's Price Strategy

Kia has confirmed a price increase of up to 3% for its entire range in India, which includes models like the Seltos, Sonet, Syros, EV6, EV9, Carens, and Carnival. The company points to rising commodity prices and escalating supply chain-related costs as key factors driving this change.

Honda's Price Revisions

Honda India's Kunal Behl announced that all models will see a price increase starting April. This includes popular models like the Amaze and City. Behl stated that despite efforts to absorb rising input costs and operational expenses, some price revision has become unavoidable.

Renault's Pricing Adjustments

Renault is set to implement a price hike of up to 2% for its three offerings in India: the Kwid, Kiger, and Triber. According to Renault India CEO Venkatram Mamillapalle, the company has been absorbing rising input costs for a considerable time but now finds it necessary to adjust prices due to sustained increases.

DriveSpark Thinks

As these changes take effect in April 2025, consumers can expect varying impacts depending on their chosen model or variant. The adjustments reflect ongoing challenges faced by carmakers in managing production costs amidst fluctuating market conditions.