Maruti Suzuki, India’s largest car manufacturer, has announced that it will hike the prices of its vehicles by up to 4 per cent starting April 2025. The company cited rising input costs and operational expenses as the main reasons behind this decision.
Why is Maruti Suzuki increasing prices?
Maruti Suzuki has stated that despite efforts to optimize costs and minimize the impact on customers, the rising raw material costs, logistics expenses, and overall inflation have made it necessary to pass on some of the increased costs to buyers.
The price hike will vary depending on the model of the car, meaning different vehicles will see different levels of price increases.
Previous price hikes in 2025
- January 2025: Maruti Suzuki had already implemented a 4 per cent price increase on its cars, which was announced in December 2024.
- February 2025: Another price revision was made, with increases ranging from Rs 1,500 to Rs 32,500 across select models.
Impact on car buyers
This latest price hike could impact customers planning to buy a new Maruti Suzuki vehicle, as models across various segments will become more expensive. However, it remains to be seen whether the company introduces any discounts or benefits to offset the impact for buyers.
ALSO READ: Call merging scam: What is it and how to stay sad
The National Payments Corporation of India (NPCI) has issued a warning for millions of UPI users across the country about a new type of fraud called the Call Merging Scam. Cybercriminals are using this trick to steal OTPs and empty bank accounts. NPCI has urged users to stay vigilant and avoid merging calls from unknown numbers.
ALSO READ: How hackers take over WhatsApp accounts and smart tips to stop them
Hackers are using sophisticated tricks to take over accounts, exploit personal data, and scam users. Recently, several individuals have fallen victim to WhatsApp hacking incidents, exposing security loopholes.
Companies will have 120 days to apply for the scheme once it is officially announced. Those approved will be allowed to import up to 8,000 premium EVs annually at the reduced import duty rate