Maruti Suzuki to Hike Car Prices for the Third Time in 2025, Effective April 1

Maruti Suzuki India will increase car prices from April 1, 2025, marking its third price hike this year after previous increases in January and February. The latest hike will be up to 4%, depending on the model, due to rising input costs and operational expenses affecting profitability. While the company has tried to manage costs internally, some of the burden must be passed on to consumers to sustain operations and maintain product quality. Maruti’s Executive Officer, Sanjeev Grover, stated that the company aims to minimize the impact on customers.

Other automakers are also facing similar challenges due to inflation and supply chain disruptions, with experts predicting further price hikes throughout the year. Despite these challenges, Maruti remains committed to providing value-driven and high-quality vehicles. Following the announcement, Maruti Suzuki’s stock rose 1.9% to ₹11,732, though it remains 15% below its record high of ₹13,680.

Maruti Suzuki to Hike Car Prices for the Third Time in 2025, Effective April 1

Maruti Suzuki India has announced another round of price increases for its cars, effective April 1, 2025. This will be the third time the company has raised prices this year, following similar hikes in January and February. The decision comes as the automaker faces rising material and operational costs, which are putting pressure on its profits.

In a statement released on March 17, Maruti Suzuki explained that prices will rise by up to 4%. The company cited higher input costs and increased operational expenses as the main reasons for the adjustment. Earlier this year, the automaker had already increased prices by 4% in January and by 1% to 4% in February, depending on the model.

Maruti Suzuki emphasized that it has been working hard to manage costs internally. However, due to ongoing financial challenges, the company now needs to pass on some of these additional costs to customers. This step is necessary to ensure the sustainability of its operations and maintain product quality.

Sanjeev Grover, Executive Officer and Company Secretary at Maruti Suzuki India, stated, “We always try to reduce the impact on our customers, but rising costs have made it unavoidable to share a portion of this burden with them.” The company remains committed to providing value-driven, high-quality vehicles, even as it adjusts prices to cope with economic pressures.

Maruti Suzuki is not alone in facing these challenges. Other car manufacturers are also struggling with higher raw material costs, supply chain disruptions, and overall inflation. Industry experts predict that price increases may continue throughout the year as these challenges persist.

Despite the price hikes, Maruti Suzuki has reassured its customers that it will continue focusing on delivering affordable and reliable mobility solutions. The company’s commitment to quality and customer satisfaction remains unchanged, even as it navigates these difficult economic conditions.

Following the announcement, Maruti Suzuki’s stock price responded positively, rising by 1.9% to ₹11,732. However, this is still 15% below its all-time high of ₹13,680, indicating that the company’s financial performance has yet to fully recover from recent challenges.

In summary, Maruti Suzuki India is raising car prices for the third time this year due to increasing material and operational costs. While the company is making efforts to manage these expenses internally, it has become necessary to pass some of the burden to customers. Despite these adjustments, Maruti Suzuki remains dedicated to offering high-quality, value-driven vehicles. Other automakers are also facing similar difficulties, and experts believe price hikes may continue in the coming months. The company’s stock price saw a slight increase after the announcement, but it still has a way to go before reaching its previous peak.