Cars set to get expensive from January as OEMs announce price hikes
2 weeks, 1 day ago

Cars set to get expensive from January as OEMs announce price hikes

Live Mint  

New Delhi, Dec 8 Prices of various car models -- ranging from entry-level hatchbacks to high-end luxury offerings -- are set to rise as automakers have announced price hikes with effect from January. Icra Vice President & Sector Head - Corporate Ratings Rohan Kanwar Gupta said automakers generally take a price increase at the start of the calendar year to help offset factors like the increase in operational costs on account of inflationary pressures and commodity prices etc. The company, which sells models ranging from entry-level Alto K10 to multi-utility vehicle Invicto, said it is taking a price hike in light of rising input costs and operational expenses. Increased commodity prices and higher logistics expenses driven by persistent inflationary pressures are putting a significant strain on the company's overall operational costs, Mercedes-Benz India stated. Audi India will increase prices by up to 3 per cent across the model range due to an increase in input and transportation costs.

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History of this topic

Honda Cars to hike vehicle prices by up to 2% from January
3 days, 2 hours ago

Honda Cars to hike vehicle prices by up to 2% from January

The Hindu  

Honda Cars India on Friday said it will hike prices across its model range by up to 2 per cent from January next year, in order to partially offset the impact of rising input costs. The automaker will increase the prices of its models by up to 2% from the beginning of January 2025, Honda Cars India Vice President - …

Jeep, Citroen car prices to increase from January 1
6 days, 19 hours ago

Jeep, Citroen car prices to increase from January 1

India Today  

Jeep and Citroen, both Stellantis-owned brands announced price hikes across their entire range of cars. "While the price revision is necessitated by increasing input costs and exchange rates, we stand steadfast in our commitment to continue to be focused on providing value, high quality, and a great driving experience to its customers,” Shailesh Hazela, Managing Director and CEO, Stellantis India …

Kia Sonet, Seltos, Carens, others: Kia car prices to rise by 2% from January
1 week, 6 days ago

Kia Sonet, Seltos, Carens, others: Kia car prices to rise by 2% from January

India Today  

Kia India has announced that it will increase the prices of its cars by up to 2% from January 2025 owing to rising commodity prices and supply chain-related costs. However, due to the persistent rise in commodity prices, unfavourable exchange rates, and increased input costs, a necessary price adjustment has become unavoidable," said Hardeep Singh Brar, Senior Vice President, Sales …

Maruti Suzuki car prices to rise by up to 4 percent from January 2025
2 weeks, 2 days ago

Maruti Suzuki car prices to rise by up to 4 percent from January 2025

India TV News  

Maruti Suzuki India Limited has announced that it will raise the prices of its cars starting in January 2025. This price increase announcement from Maruti Suzuki follows similar decisions from other major car brands. For instance, Hyundai Motor India Limited announced on December 5 that it would increase prices by up to Rs 25,000 for its 2025 models, effective January …

Maruti, Hyundai, Audi, BMW, Mercedes hike vehicle prices
2 weeks, 3 days ago

Maruti, Hyundai, Audi, BMW, Mercedes hike vehicle prices

Deccan Chronicle  

Pune: Maruti Suzuki, India’s biggest car maker and its archrival Hyundai have announced hike in prices of their cars by up to 4 per cent and by Rs 25,000 respectively from January 1. Hyundai, the Korean car maker, said it would increase prices across its model range effective from January 1 and the price increase has been necessitated owing to …

Maruti Suzuki to hike prices of cars up to 4% depending on variant from January 2025
2 weeks, 3 days ago

Maruti Suzuki to hike prices of cars up to 4% depending on variant from January 2025

Live Mint  

Auto major Maruti Suzuki India is set to increase the prices of its vehicles by up to 4 per cent, depending on the variant, starting in January 2025, according to a report by CNBC-TV18. Some portion of the increased cost may need to be passed on to the market,” the channel posted on X. Hyundai Price Hike This come a …

Ertiga, Brezza, Dzire, Fronx, Swift, others: Maruti cars to get costlier from January
2 weeks, 3 days ago

Ertiga, Brezza, Dzire, Fronx, Swift, others: Maruti cars to get costlier from January

India Today  

The country's largest carmaker, Maruti Suzuki India, today announced that it will increase the prices of its cars by up to 4% in January 2025. Maruti will hike car prices owing to rising input costs and operational expenses. "In light of rising input costs and operational expenses, the company has planned to increase the prices of its cars from January …

Maruti, Hyundai, Mahindra, MG, Mercedes-Benz, BMW, others to hike car prices
2 weeks, 3 days ago

Maruti, Hyundai, Mahindra, MG, Mercedes-Benz, BMW, others to hike car prices

India Today  

Cars in India are set to get costlier from January 2025 as original equipment manufacturers across the mass market and luxury segments have announced price hikes. Maruti Suzuki India, Hyundai Motor India, Mahindra & Mahindra, JSW MG Motor India, Mercedes-Benz India and BMW India will increase prices of their cars by up to 4% in January 2025. "In light of …

Hyundai Motor India to raise car prices by up to ₹25,000 across models from January 2025 due to rising costs
2 weeks, 4 days ago

Hyundai Motor India to raise car prices by up to ₹25,000 across models from January 2025 due to rising costs

Live Mint  

Hyundai Motor India on December 5 said that it will hike prices of all its cars by up to ₹25,000 from January 2025, due to rising costs impacting profitability, according to a Reuters report. “At Hyundai Motor India, our endeavor is always to absorb rising costs to the extent possible, ensuring minimal impact on our customers. About Hyundai Motor India …

Hyundai Motor India announce price hikes from January 2025
2 weeks, 4 days ago

Hyundai Motor India announce price hikes from January 2025

Live Mint  

New Delhi, December 5 : Leading automobile manufacturer, Hyundai Motor India Limited has announced price increases across their model ranges, effective January 1, 2025. Hyundai Motor India Limited revealed that prices for its Model Year 2025 vehicles will increase by up to Rs25,000. Tarun Garg, Whole-time Director and Chief Operating Officer, HMIL, said, "At Hyundai Motor India Limited, our endeavor …

Creta, Exter, i20, Verna, others: Hyundai to hike car prices by up to Rs 25,000
2 weeks, 4 days ago

Creta, Exter, i20, Verna, others: Hyundai to hike car prices by up to Rs 25,000

India Today  

Hyundai Motor India today announced that it will increase the prices of its cars by up to Rs 25,000 from January 1, 2025. Original equipment manufacturers usually hike car prices twice every year. Hyundai offers cars like the Grand i10 Nios, i20, i20 N Line, Aura, Verna, Exter, Venue, Venue N Line, Creta, Creta N Line, Alcazar, Tucson and Ioniq …

BMW cars to become expensive from January 1, price hike announced
1 month ago

BMW cars to become expensive from January 1, price hike announced

India Today  

BMW India will increase the price of its cars by up to 3% from January 1. The price hike will be across the BMW model range. The company's locally produced range of cars includes the BMW 2 Series Gran Coupe, BMW 3 Series Long Wheelbase, BMW 5 Series Long Wheelbase, BMW 7 Series Long Wheelbase, BMW X1, BMW X3, BMW …

Lower auto prices are finally giving Americans a break after years of inflationary increases
9 months, 3 weeks ago

Lower auto prices are finally giving Americans a break after years of inflationary increases

LA Times  

Automobile prices, which had been fueling inflation in the U.S., are starting to drop, helping to slow overall consumer price increases and giving buyers hope of getting a deal. Even with prices edging down, Ivan Drury, director of insights at Edmunds, doesn’t foresee sales of new vehicles rising dramatically this year. Unlike with new vehicles, there’s still a limited supply …

TOP GEAR
11 months, 1 week ago

TOP GEAR

New Indian Express  

BENGALURU: The Indian automobile market roared to new heights in 2023, showcasing a robust growth trend. Recent figures reveal a groundbreaking milestone, with the annual passenger car market soaring past the 40 lakh mark for the first time — a remarkable 8 per cent surge compared to the previous year. Maruti Suzuki, a stalwart in the industry, accounted for nearly …

From Maruti Suzuki To Tata Motors, Carmakers Announce Price Hikes For 2024
1 year ago

From Maruti Suzuki To Tata Motors, Carmakers Announce Price Hikes For 2024

News 18  

As the year comes to a close, several prominent automakers, including Maruti Suzuki, Tata Motors, Mahindra, and Audi, have declared price hikes set to take effect from January 1, 2024. Tata Motors plans to implement price hikes for its passenger vehicles, including its electric vehicle range, with specific details yet to be disclosed. Industry experts speculate that the upcoming price …

Indian Automobile Industry Witnesses 92 Percent Decline in Deal Activity Due to EVs
1 year, 5 months ago

Indian Automobile Industry Witnesses 92 Percent Decline in Deal Activity Due to EVs

News 18  

India Inc saw just 16 deals amounting to $98 million in the second quarter this year in the auto sector, registering a substantial decline in overall deal activity, with a 92 percent drop in values and 36 percent decrease in volumes, a report showed on Wednesday. The sector recorded a 21 percent growth in domestic sales in FY 2022-23 across …

Maruti Suzuki Announces Hike In Car Prices From April
1 year, 8 months ago

Maruti Suzuki Announces Hike In Car Prices From April

News 18  

India’s largest passenger car maker Maruti Suzuki has announced its plans to increase the prices of its vehicles due to inflation and regulatory requirements. Although it did not affect the company’s sales, now the experts say that due to the increase in prices again in such a short time, the company may also have to face low sales. Company is …

Tata Motors to hike prices of Tiago, Altroz, Harrier and other models starting February 1
1 year, 10 months ago

Tata Motors to hike prices of Tiago, Altroz, Harrier and other models starting February 1

India TV News  

Tata Motors, one of India's largest automakers, has announced that it will be increasing the prices of its passenger vehicles starting February 1, 2023. According to a statement released by Tata Motors, the price increase will vary across different models and will be in the range of 1.2%. Despite the price increase, Tata Motors' passenger vehicles are still expected to …

Cars Price Hike: Hyundai, Honda, Kia and Other Vehicles to Get Expensive From January 2023
2 years ago

Cars Price Hike: Hyundai, Honda, Kia and Other Vehicles to Get Expensive From January 2023

News 18  

Prominent carmakers like Kia, Maruti Suzuki, Jeep India and Tata Motors have announced a price hike across their model range from January 2023. Hyundai The South Korean auto giant has joined other carmakers in announcing price hikes from January 2023. The Japanese carmaker has an impressive portfolio of cars which includes City, Amaze and WR-V. Jeep India The American carmaker …

Car prices hike in 2023? | See list of manufacturers and likely price increase
2 years ago

Car prices hike in 2023? | See list of manufacturers and likely price increase

Hindustan Times  

Multiple car manufacturers - from domestic giants Maruti Suzuki and Tata Motors to luxury brands like Audi and Mercedes-Benz - have announced plans to hike prices across their range of offerings starting next month hoping to partially offset the impact of rising costs. Maruti will increase car prices starting next month with hikes varying depending on the car model and …

Tata Motors to hike commercial vehicles prices by up to 2% from Jan
2 years ago

Tata Motors to hike commercial vehicles prices by up to 2% from Jan

Live Mint  

Tata Motors on Tuesday said it will increase the price of its commercial vehicles by up to 2% from January 2023 across its range, depending upon individual models and variants. This is the third time that Tata Motors has hiked the prices of its commercial vehicles this year. Earlier this month, Tata Motors said its sales in the domestic and …

Looking To Buy Car? Get Ready To Spend More As Automakers Plan To Hike Prices Next Year
2 years ago

Looking To Buy Car? Get Ready To Spend More As Automakers Plan To Hike Prices Next Year

ABP News  

Are you looking to own a new car next year? Mercedes-Benz, Audi, Renault, Kia India, and MG Motor announced plans to raise vehicle prices from January next year to offset the impact of rising input costs, according to the news agency PTI. Audi India announced a 1.7 per cent price increase across the board, while Mercedes-Benz India plans a 5 …

Maruti Suzuki to raise vehicle prices from January
2 years ago

Maruti Suzuki to raise vehicle prices from January

The Hindu  

Maruti Suzuki India will increase the prices of its vehicles ‘substantially’ from next month as it looks to offset the impact of rising input costs and make provisions to update the model range to conform to stricter emission norms which kick in from April 2023. The company has planned the price increase in January 2023 which shall vary across models, …

Maruti Suzuki Cars in India to Get Costlier, Price Hike from January 2023
2 years ago

Maruti Suzuki Cars in India to Get Costlier, Price Hike from January 2023

News 18  

India’s top carmaker Maruti Suzuki said on Friday it planned to increase the price of its vehicles in January, prompted by continued cost pressure due to inflation and recent regulatory requirements. India’s annual retail inflation eased to a three-month low of 6.77 percent in October, but has remained stubbornly above the 6 percent upper limit of the Reserve Bank of …

Tata Punch, Tiago and More to Get Expensive in India From January 19
2 years, 11 months ago

Tata Punch, Tiago and More to Get Expensive in India From January 19

News 18  

Similar to a number of other automakers in India, Tata Motors has announced a marginal price hike on its passenger vehicles. While the company is absorbing a significant portion of the increased costs, the steep rise in overall input costs has compelled it to pass on some proportion through this minimal price hike. To help soften the blow, the homegrown …

Maruti Suzuki Car Prices in India Hiked by up to 4.3 Percent Due to Rise in Input Costs
2 years, 11 months ago

Maruti Suzuki Car Prices in India Hiked by up to 4.3 Percent Due to Rise in Input Costs

News 18  

The country's largest carmaker Maruti Suzuki India said it has increased prices of its models by up to 4.3 percent with immediate effect to partially offset the impact of the rise in input costs. The company has enhanced prices across its models in the range of 0.1 percent to 4.3 percent owing to increase in various input costs. "The weighted …

Tata Motors to hike prices of commercial vehicles from 1 Jan
3 years ago

Tata Motors to hike prices of commercial vehicles from 1 Jan

Live Mint  

India's leading carmaker Tata Motors today said it will raise prices of commercial vehicles in the range of 2.5% from 1 January, 2022. The increase in the prices of commodities such as steel, aluminium and other precious metals, in addition to higher costs of other raw materials has incited this price hike commercial vehicles, the company said. On the other …

Tata Motors, Honda and Renault consider hiking car prices early in 2022 to offset rising input costs
3 years ago

Tata Motors, Honda and Renault consider hiking car prices early in 2022 to offset rising input costs

Firstpost  

Set to join Maruti Suzuki, Mercedes-Benz and Audi in rolling out price hikes for passenger vehicles in January 2022 are Tata Motors, Renault and Honda. With input costs continuing to rise, automakers like Tata Motors, Honda and Renault are looking to increase vehicle prices from January to offset the impact. While Maruti said the price rise planned for January 2022 …

Cars to get pricier at the start of 2022: Maruti Suzuki, Mercedes-Benz and Audi announce price hikes
3 years ago

Cars to get pricier at the start of 2022: Maruti Suzuki, Mercedes-Benz and Audi announce price hikes

Firstpost  

While Maruti’s price rise planned for January 2022 will vary for different models, Mercedes-Benz India will hike prices of select models by up to two percent. While Maruti said the price rise planned for January 2022 will vary for different models, Mercedes-Benz India said its hike will be on select models by up to two percent due to feature enhancements …

September 2021 car sales: Honda Cars India registers 6,765 units in domestic market
3 years, 2 months ago

September 2021 car sales: Honda Cars India registers 6,765 units in domestic market

India Today  

Honda Cars India Ltd registered monthly domestic sales of 6,765 units in September 2021, as against 10,199 units sold in the same period last year, a drop of 33.66 per cent. Rajesh Goel, SVP & director-marketing & sales, Honda Cars India Ltd said, “On the demand side, there is good momentum in the market with improved buying sentiment. We will …

Toyota Fortuner, Innova Crysta, Glanza, Urban Cruiser and Camry to cost more from 1 October
3 years, 2 months ago

Toyota Fortuner, Innova Crysta, Glanza, Urban Cruiser and Camry to cost more from 1 October

Firstpost  

As input costs continue to rise, Toyota India has announced it will hike prices across its locally-produced model range by up to two percent from 1 October. Starting 1 October, models such as the Toyota Fortuner, Toyota Innova Crysta, Toyota Glanza, Toyota Urban Cruiser and Toyota Camry will see their prices being hiked by up to two percent, a move …

Toyota to increase Innova Crysta prices by up to 2 per cent from August
3 years, 4 months ago

Toyota to increase Innova Crysta prices by up to 2 per cent from August

India TV News  

Toyota Kirloskar Motor on Thursday said it will increase prices of its multi purpose vehicle Innova Crysta by up to 2 per cent with effect from next month. The company would realign the price of Innova Crysta by up to 2 per cent effective August 1, 2021, the automaker said in a statement. On Wednesday, Tata Motors said it would …

Tata Motors plans to hike passenger vehicle prices from next week
3 years, 4 months ago

Tata Motors plans to hike passenger vehicle prices from next week

India TV News  

Tata Motors is looking to increase prices of its entire range of passenger vehicles from next week as it aims to offset the steep rise in procurement cost of essential materials like steel and precious metals, as per a top company official. The financial impact of the increase in commodity prices is in the range of 8-8.5 per cent of …

Maruti Suzuki India to hike prices in July-Sept qtr amid rise in input costs
3 years, 6 months ago

Maruti Suzuki India to hike prices in July-Sept qtr amid rise in input costs

India TV News  

The country's largest automobile maker Maruti Suzuki India on Monday said it will hike the prices of its cars in the second quarter of the current fiscal due to an increase in the input costs. Hence, it has become imperative for the company to pass on some impact of the above additional cost to customers through a price rise," Maruti …

Price rise: Cars, bikes to see an increase in prices from next month
3 years, 8 months ago

Price rise: Cars, bikes to see an increase in prices from next month

India Today  

In what could be termed as not so good news for car and motorcycle buyers, companies are mulling at increasing prices of new four and two-wheelers from next month. Auto companies face the heat of rising fuel prices Rising fuel prices, which in turn have led to an increase in freight cost, have abetted companies' decision of increasing prices. The …

Tesla is Coming to India in 2021, But Which Car Will it Launch and How Much Will it Cost?
3 years, 11 months ago

Tesla is Coming to India in 2021, But Which Car Will it Launch and How Much Will it Cost?

News 18  

It seems like it is finally happening. And well, this is about all that is confirmed as about now, with the timeline for Tesla’s India entry being said to be ‘early 2021.’ However, this information is enough for us to make an educated guess as to what their first car will be in India and how much would it cost. …

Tata Motors commercial vehicle range to get price hike from January 2021
4 years ago

Tata Motors commercial vehicle range to get price hike from January 2021

India Today  

Tata Motors today announced that there will be a price hike across its entire commercial vehicle range from January 1, 2021. "The steady rise in material and other input costs, impact of forex and transition to BS6 norms, have cumulatively escalated the cost of manufacturing vehicles," Tata Motors said in an official statement. "The company had thus far been absorbing …

Maruti Suzuki India to hike prices from January
4 years ago

Maruti Suzuki India to hike prices from January

India TV News  

The country's largest carmaker Maruti Suzuki India will increase prices of its vehicles from January to offset the adverse impact of rising input costs. Over the past year, cost of the company's vehicles have been impacted adversely due to increase in various input costs, Maruti Suzuki India said in a regulatory filing. At present Maruti Suzuki sells a range of …

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