As the new year approaches, Maruti Suzuki, one of India’s largest car manufacturers, has confirmed that it will increase the prices of its vehicles from January 2025.
The company stated that the price rise could be up to 4%, depending on the car model. This move is part of a trend where several automakers are set to raise prices in the upcoming year.
Reason for the Price Increase
Maruti Suzuki explained that the price hike is due to rising input costs and operational expenses.
The company reassured customers that it always strives to keep vehicle prices as affordable as possible to minimize the impact on buyers.
However, the price increase is expected to affect the market to some extent.
Impact on Popular Models
Maruti Alto K10
Maruti’s cheapest car, the Alto K10, currently starts at Rs 3.99 lakh. With a 4% price increase, the base price of the Alto K10 may rise by approximately Rs 16,000, bringing it closer to Rs 4.15 lakh.
The top variant, priced at Rs 5.96 lakh, could see its price rise to around Rs 6.20 lakh.
Maruti Grand Vitara
The Grand Vitara, Maruti’s most expensive vehicle, is priced between Rs 10.99 lakh and Rs 20.09 lakh.
A 4% increase would raise the price of the base model by Rs 44,000, while the top variant could see an increase of up to Rs 80,000.
Maruti Fronx
Starting at Rs 8.37 lakh, the Maruti Fronx may see a price rise of Rs 33,500 for the base variant and up to Rs 60,000 for the top variant.
After the price hike, the Fronx’s price range will be between Rs 8.71 lakh and Rs 15.52 lakh.
Maruti WagonR
The popular WagonR, which is priced between Rs 5.54 lakh and Rs 7.33 lakh, will also experience a price increase.
The base variant could rise by about Rs 22, bringing its price to Rs 5.76 lakh, while the top variant could see an increase of Rs 29,000, pushing its price to Rs 7.62 lakh.
This price hike will affect a wide range of Maruti vehicles, making them slightly more expensive for customers starting in January 2025.