Follow us
Maruti Suzuki to increase the prices of its cars in January 2024
While the company makes maximum efforts to reduce cost and offset the increase, it may have to pass on some increase to the market, it said in an exchange notification.
By Autocar Professional Bureau
5221 Views
Representative image of Maruti Suzuki car in a showroom
The country's largest car maker Maruti Suzuki plans to increase the prices of its cars in January 2024, on account of increased cost pressure driven by overall inflation and increased commodity prices.
The country's largest carmaker said in a notification to exchanges that "While the company makes maximum efforts to reduce cost and offset the increase, it may have to pass on some increase to the market.
The price increase shall vary across models, the notification further stated.
In January 2023, the company had said that it hiked prices of its vehicles across models by about 1.1 percent.
Audi India has also announced a price increase of up to 2% across its model range due to rising input and operational costs, today. The price hike will be effective from January 1, 2024.
RELATED ARTICLES
Domestic PV Dispatches to Grow 7-8% in FY26; GST Cut Boosts Demand in H2
Arunima Pal
31 Mar 2026
PV dispatches to the domestic market for the full financial year 2026 are estimated to be in the range of 4.6-4.65 milli...
Exclusive: TVS Motor Targets 6.8-7.2 Million 2W Production in FY27; No.2 Position in Sight
Ketan Thakkar
31 Mar 2026
The automaker’s two-wheeler production for FY26 is estimated at around 5.7 million units.
PM Modi Inaugurates Kaynes Semicon Plant in Sanand
Arunima Pal
31 Mar 2026
The Sanand facility will manufacture Intelligent Power Modules--critical components for electric vehicles and industrial...
