Maruti Suzuki Cars to Become Costlier by Up to ₹32,500 Starting February 1

Starting February 1, customers purchasing Maruti Suzuki vehicles will need to pay up to ₹32,500 more, the company announced on Thursday. The price hike has been attributed to rising input costs and operational expenses, according to a regulatory filing by Maruti Suzuki India.

Reason for the Price Hike

“While we are committed to optimising costs and reducing the impact on customers, we are constrained to pass on some of the increased expenses to the market,” the company noted in its filing to the Bombay Stock Exchange. This increase in prices follows a prior hike of up to 4% that came into effect earlier this month, which was announced in December 2024.

Revised Prices Across Models

Under the new pricing structure, the compact hatchback Celerio will see an increase of up to ₹32,500 in its ex-showroom cost. Meanwhile, the premium MPV Invicto will become costlier by up to ₹30,000.

Other popular models such as the Grand Vitara and Brezza SUVs will witness hikes of up to ₹25,000 and ₹20,000 respectively. The entry-level Alto K10 will cost up to ₹19,500 more, while the price of the widely popular WagonR has been increased by up to ₹15,000.

For sedans and other compact models, the new prices include:

• Dzire: Up to ₹10,000 increase

• Baleno: Up to ₹9,000 increase

• Fronx: Up to ₹5,500 increase

• S-Presso and Swift: Up to ₹5,000 increase each

Currently, Maruti Suzuki vehicles range from the Alto K10, priced at ₹3.99 lakh, to the Invicto, which starts at ₹28.92 lakh (ex-showroom prices).

Market Impact

The announcement of the price hike comes amidst increasing operational and material costs across the automotive industry. As a result, Maruti Suzuki, India’s largest car manufacturer, has been compelled to adjust prices while striving to maintain affordability for its customers.

The price revision is expected to impact a wide range of buyers, given the brand’s stronghold in the entry-level and mid-range car segments in India. However, the company’s statement highlights ongoing efforts to optimise costs and minimise the financial burden on its customers.

Conclusion

With this announcement, potential buyers may look to make purchases ahead of February 1 to avoid the increased costs. Meanwhile, Maruti Suzuki continues to navigate the challenges of rising expenses while maintaining its reputation as a market leader in the Indian automotive sector.