Maruti Suzuki India has confirmed a price hike across its entire vehicle lineup, effective February 1, 2025. This decision comes as the company faces rising input costs and operational expenses. In a regulatory filing, Maruti Suzuki stated that while efforts are being made to manage costs, some of the burden will inevitably be passed on to customers.
Maruti Suzuki India Ltd shares are currently trading at ₹12,024.90, down by ₹20.85 (0.17%) as of 11:01 AM on January 24, showing a 20.37% gain over the past year but a 3.72% decline in the last six months.
The price increase will vary across models, ranging from ₹1,500 to ₹32,500. The largest hike of ₹32,500 will apply to the Celerio, while premium models like the Invicto and Jimny will see increases of ₹30,000 and ₹1,500, respectively. Other models such as the Wagon-R, Swift, and Dzire will experience hikes of ₹13,000, ₹5,000, and ₹10,500, respectively.
| Model | Increase in
Ex-Showroom Price (In ₹ ) |
| Alto K10 | Upto 19,500 |
| S-Presso | Upto 5,000 |
| Celerio | Upto 32,500 |
| Wagon-R | Upto 15,000 |
| Swift | Upto 5,000 |
| Dzire | Upto 10,000 |
| Brezza | Upto 20,000 |
| Ertiga | Upto 15,000 |
| Eeco | Upto 12,000 |
| Super Carry | Upto 10,000 |
| Ignis | Upto 6,000 |
| Baleno | Upto 9,000 |
| Ciaz | Upto 1,500 |
| XL6 | Upto 10,000 |
| Fronx | Upto 5,500 |
| Invicto | Upto 30,000 |
| Jimny | Upto 1,500 |
| Grand Vitara | Upto 25,000 |
In December 2024, Maruti Suzuki sold 1,78,248 units, a 30% increase compared to the previous year. This included 1,32,523 domestic sales, 37,419 exports, and 8,306 units sold to other OEMs.
The company talked about its commitment to minimising customer impact but acknowledged that external cost pressures necessitate a price hike. Maruti Suzuki’s vehicles currently range from ₹3.99 lakh for the Alto K10 to ₹28.92 lakh for the Invicto.
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Published on: Jan 24, 2025, 2:21 PM IST
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