Car Prices on the Rise: Maruti Suzuki to Mercedes-Benz Set for Increases in 2025
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The major player in the Indian passenger vehicle scene, known for its extensive lineup of hatchbacks, sedans, SUVs, and MPVs, has raised prices on its cars by four percent, with increases reaching up to ₹25,000. This price bump affects every model they offer, so whether you’re eyeing the Maruti Suzuki Alto K10 or the Maruti Suzuki Invicto, you’ll find that they’ll cost more in the upcoming year.
Hyundai is following in the footsteps of its main rival, Maruti Suzuki, by revealing a price increase for its vehicles starting January 2025. This means that Hyundai cars in India will now be more expensive by as much as ₹25,000. The brand offers a range of popular models in the country, such as the Creta, Exter, i20, and Grand i10 Nios. The price increase will affect both their gasoline and electric vehicles.
Kia, Hyundai's sibling brand, is also raising prices for its passenger cars in India starting January 1, 2025. The South Korean carmaker revealed that the price increase will be up to two percent. Kia is known for its popular SUVs in India, like the Sonet and Seltos.
Mahindra really shined in 2024! The local car manufacturer rolled out some amazing new models last year. They debuted the Thar Roxx, which is the five-door version of the Thar SUV. On the electric vehicle side, they launched the XEV 9e and BE 6e. Plus, they announced a three percent price increase for their SUVs, which will kick in starting January 1, 2025.
Tata Motors has also revealed that it will be raising prices for its passenger vehicles, including both ICE and electric models. This increase will take effect on January 1, 2025. The Indian auto leader, which dominates the electric car scene with popular models like the Nexon EV, Punch EV, Curvv EV, Tigor EV, and Tiago EV, is implementing a three percent price hike across its lineup.
JSW MG Motor has also revealed that they’ll be raising prices on their cars starting January 2025. They’re looking at a three percent increase across the board, which includes models like the Comet EV and Hector. This price bump will affect both their internal combustion engine and electric vehicles.
Skoda India has also revealed that they're raising prices across their entire lineup by as much as three percent. This increase will impact all of their passenger vehicles in India, except for the recently launched Skoda Kylaq. The new prices will kick in starting January 1, 2025.
Jeep has revealed that it's raising the prices of its SUVs in India. The well-known American SUV brand is implementing a two percent increase across all its models. This price change will take effect starting January 1, 2025. Keep in mind that the actual prices will differ based on the specific variants of each model. In India, Jeep offers models like the Compass, Meridian, Wrangler, and Grand Cherokee.
Citroen, another brand from the Stellantis group, has also revealed a two percent price increase for its vehicles in India. This change affects all their models, including the C3 hatchback, eC3 electric hatchback, Aircross SUV, Basalt coupe SUV, and C5 Aircross SUV. The new prices will take effect starting January 1, 2025.
Both mass-market and luxury car brands are raising their prices. The German luxury carmaker revealed a three percent increase, which translates to anywhere from ₹2 lakh to ₹9 lakh. This price bump will affect all Mercedes-Benz models and kicks in starting January 1, 2025.
BMW is following in the footsteps of its main competitor, Mercedes-Benz. The company has revealed that starting from January 2025, there will be a three percent increase in prices across all BMW models in India.
Audi, another big player in the German luxury car scene, has also decided to raise its prices, joining the likes of Mercedes-Benz and BMW. They've announced a three percent increase for their vehicles available in India, affecting both their traditional gas-powered cars and electric models.
Read Also: Maruti Suzuki's First Electric SUV Set for 2025 Debut
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