After Maruti Suzuki, another major automobile company, Tata Motors, has also announced a price hike for its vehicles.
On Monday, March 17, the company stated that it will increase the prices of its commercial vehicles, effective from April 1, 2025.
Just a few hours earlier, Maruti Suzuki had also declared a price increase.
Tata Motors confirmed that the prices of its commercial vehicles will rise by 2%.
The company explained that this step was necessary to manage increasing costs. However, the price hike will vary depending on the model and variant of the vehicle.
Tata Motors is one of the country’s leading automobile manufacturers and is actively working on smart and electric mobility solutions.
It is playing a key role in driving the electric vehicle (EV) revolution in India. The company operates not only in India but also in the UK, South Korea, Thailand, and Indonesia.
Additionally, its vehicles are sold in regions like Africa, the Middle East, South America, Southeast Asia, and SAARC countries.
This price hike may impact customers and businesses in the transportation sector, but Tata Motors stated that the decision is based on market demand and cost factors.
Maruti Suzuki’s Price Hike
Maruti Suzuki has also decided to raise vehicle prices by 4% starting in April 2025.
The increase will depend on the model, meaning some cars will see a higher price hike than others.
The adjustment will affect vehicles across all segments, from entry-level to premium models.
This marks Maruti Suzuki’s third price hike in five months, following a 4% increase on December 6, 2024, and another 4% increase on January 23, 2025.
