Maruti Suzuki has announced a price increase for several models in its range, effective from April 8. The hike, which can reach up to ₹62,000, aligns with the company's previous statement regarding a price adjustment of up to 4 percent. In its official communication, Maruti Suzuki attributed this revision to rising input costs, higher operational expenses, and the addition of new features.

Among the models affected, the Grand Vitara will experience the most significant price increase, with adjustments of up to ₹62,000 across all variants. The Eeco will see a rise of ₹22,500, while the popular WagonR hatchback will have an increase of ₹14,000. Additionally, the Ertiga and XL6 MPVs will both incur a price hike of ₹12,500.

Conversely, the Fronx subcompact SUV will have the smallest adjustment, with its price increasing by approximately ₹2,500. On the commercial front, the Tour S sedan, which is based on the Dzire, will see a price increase of up to ₹3,000. Other models within Maruti Suzuki's commercial lineup will remain at their current prices for now.

Maruti Suzuki: Financial 2024-25 results

In the fiscal year 2024-2025, Maruti Suzuki India achieved total sales of 2,234,266 units, reflecting a 4.63 percent increase from the previous year's total of 2,135,323 units. The company's domestic retail sales saw a slight rise of 0.05 percent, reaching 1,760,767 units compared to 1,759,881 units in the prior year.

Notably, the utility vehicle segment, which encompasses models such as the Maruti Suzuki Grand Vitara, Brezza, and Fronx, experienced a significant growth of 12.12 percent year-over-year, totaling 720,186 units. Conversely, the passenger car segment, which includes models like the Maruti Suzuki Alto K10, Dzire, Swift, and Ciaz, faced a decline of 7.7 percent year-over-year, with sales dropping to 904,909 units.

Furthermore, Maruti Suzuki surpassed the three lakh export threshold during the year, exporting a total of 332,585 units in FY25, marking a 17.49 percent increase from the 283,067 units exported the previous year. Hisashi Takeuchi, Managing Director and CEO of Maruti Suzuki India Limited, noted that the company accounted for 43 percent of all car exports from India.

As a result, Maruti Suzuki emerged as the leading player in the passenger vehicle export market. During the year, the company began exporting the Fronx and Jimny 5-door models to Japan. The top five export markets for Maruti Suzuki included South Africa, Saudi Arabia, Chile, Japan, and Mexico.

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