Maruti Suzuki Announces Up to 4% Price Hike from April 2025

“Rising Costs Leave No Choice” – Maruti Adjusts Prices Across All Models

India’s Largest Carmaker Passes on Cost Increases Amid Industry-Wide Inflationary Pressures

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🔹 Maruti Suzuki to Raise Car Prices by Up to 4% from April 2025

India’s top automaker, Maruti Suzuki, has announced a price hike of up to 4% across its entire range of vehicles, effective April 2025. The company cited rising input costs, inflationary pressures, and supply chain disruptions as the primary reasons behind the decision.

📌 Key Highlights:
✔️ Up to 4% price increase across all Maruti Suzuki models
✔️ Effective from April 2025
✔️ Driven by rising raw material and operational costs

💬 Maruti Suzuki’s Statement:

“While we continuously work on cost optimization, we are compelled to pass on a portion of increased expenses to customers. The extent of the price hike will vary based on models.”

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🔹 Why is Maruti Suzuki Increasing Prices?

🚗 Key Factors Behind the Price Hike:
✔️ Surging costs of raw materials & manufacturing
✔️ Supply chain disruptions affecting production expenses
✔️ Rising logistics and operational costs

🔍 Despite the hike, Maruti Suzuki remains committed to providing value-driven mobility solutions and sustaining its leadership in the Indian automotive market.

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🔹 Maruti Suzuki’s Market Dominance & Industry Outlook

📊 Maruti Suzuki’s Market Position:
✔️ 41.6% Market Share in 2024 – The only manufacturer to exceed 40% market dominance
✔️ Leads against Hyundai, Tata Motors & Mahindra in the Indian car market
✔️ Among the top automakers in the world in terms of production & sales

📌 India’s Auto Industry Snapshot:
✔️ India ranks as the 3rd largest automobile market globally in sales
✔️ 4th largest country in automobile production
✔️ Top players—Maruti Suzuki, Tata Motors, Hyundai & Mahindra—collectively hold an 80% market share

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🔹 Industry-Wide Price Increases

📢 Maruti Suzuki joins other automakers in announcing price hikes:
✔️ Tata Motors – Raising prices across passenger & electric vehicles due to higher input costs
✔️ Kia India – Announced a 3% price hike, effective April 2025
✔️ Hyundai & Mahindra – Expected to follow suit with price adjustments

🚗 The entire automotive sector is feeling the impact of cost inflation, leading to widespread price revisions across multiple brands.