Maruti Suzuki to Raise Car Prices by 10% After Hyundai India’s Move
Following Hyundai India’s 3% increase effective April 1, Maruti Suzuki India LTD. would raise automobile prices by up to 10%. A 12% jump in steel prices and a 15% hike in shipping costs since January 2025 are driving the price climb. According to an internal document and dealer meeting, profit margins might drop by eight percent without this change. While Hyundai’s Creta would climb by ₹45,000, the Maruti Suzuki Fronx could see a ₹50,000 increase. This action captures larger industry patterns as manufacturers react to rising manufacturing costs, therefore influencing consumer buying decisions.
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