Maruti to raise prices by up to Rs 30k from June

Maruti to raise prices by up to Rs 30k from June


NEW DELHI: India’s largest carmaker Maruti Suzuki will raise prices across its vehicle line up by up to Rs 30,000 from next month, citing elevated inflationary pressures and a persistently adverse cost environment. Some of the other car makers indicated that they are also reviewing prices, while some have already raised it.In a regulatory filing on Thursday, the company said it had been taking continuous steps over the past few months to reduce the impact of rising costs through internal cost-control measures. However, it added that sustained inflation and higher input costs had made a price revision unavoidable.The exact increase will vary depending on the model. Maruti Suzuki currently sells vehicles ranging from the entry-level S-Presso to the premium Invicto MPV.The move comes at a time when automakers are facing pressure from rising commodity prices, logistics expenses and higher freight costs linked to global supply-chain disruptions and conflict in West Asia. Higher steel, aluminium and energy costs have squeezed margins for passenger vehicle makers.Hyundai Motor India had raised prices across several models from May 1, while Tata Motors and MG Motor implemented price hikes in April. Industry executives indicated that further reviews of pricing strategies could follow after Maruti’s latest move as manufacturers continue to battle cost pressures.Despite higher ownership costs, demand in the Indian passenger vehicle market has remained resilient so far in 2026, driven by strong SUV sales, improving rural sentiment, easier financing availability and steady replacement demand. Analysts have also pointed to a recovery in consumer sentiment after GST relief measures and sustained infrastructure spending.Industry sales data for April 2026 showed a strong start to FY27, with several automakers posting record monthly volumes. Maruti Suzuki retained its leadership position with multiple models among the country’s topselling cars, while compact SUVs and utility vehicles continued to dominate demand trends. Maruti Suzuki had earlier warned that continued increases in fuel and ownership costs could hurt demand in the entry-level smallcar segment.



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