India's leading automobile manufacturer, Maruti Suzuki, has declared an increase in prices across its entire range of models. In a formal communication to the stock exchanges, the company indicated that the new pricing structure will take effect on February 1. The price adjustments for Maruti vehicles will vary between ₹1,500 and ₹32,500, depending on the specific model. This marks the first instance this year in which the company has enacted a comprehensive price increase across its offerings.

In December of the previous year, Maruti Suzuki had announced plans to raise car prices by as much as four percent. The company attributed this decision to escalating input costs and operational expenses, which necessitated passing some of the financial burden onto consumers starting this year. Maruti Suzuki has now officially disclosed the extent of the price increases that will be applied to its vehicles in the upcoming month.

Maruti price hike: Check which cars will cost more

Maruti Suzuki has announced a price increase, with the Celerio hatchback experiencing the most significant rise in cost, amounting to ₹32,500. Following closely is the Invicto, an MPV based on Toyota Motor's Innova HyCross hybrid, which will see its price increase by ₹30,000. Additionally, well-known models such as the Baleno, Swift, and WagonR will face price hikes ranging from ₹5,000 to ₹15,000. The popular MPVs, Ertiga and XL6, will also see an increase in their prices, with the Ertiga rising by ₹15,000 and the XL6 by ₹10,000.

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Maruti price hike: SUVs to get costlier

Maruti Suzuki has announced a price increase for its SUVs, with adjustments reaching up to ₹25,000. The Grand Vitara SUV will experience the third-largest price increase among the company's offerings. This model ranks as one of the top-selling SUVs for Maruti, competing with models such as the Hyundai Creta and Kia Seltos in the compact SUV segment. Additionally, the Brezza will see a price rise of ₹20,000, maintaining its status as Maruti's best-selling SUV, which competes with the Tata Nexon, Kia Sonet, and Hyundai Venue in the sub-compact category. Conversely, the Jimny and Fronx will have the smallest price increases, with the Fronx rising by ₹5,500 and the Jimny by ₹1,500.

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