From Maruti Suzuki to Tata Motors: 14 automakers hiking prices from January 2024. Full list

livemint.com:

Tata Motors is also considering a price hike in January 2024 with the planned increase in passenger vehicles and electric vehicle portfolio. The prominent automaker has not disclosed the percentage of price of price hike expected in the coming year.

"We are considering a price hike across our passenger and electric vehicles in January 2024. The extent of the hike and exact details will be announced in a few weeks," a company's spokesman had said in November.

German luxury car maker Audi had earlier said that it will hike the prices of its vehicles in India by up to 2% from January next year, citing rising input and operational costs.The price hike will be effective from January 1, 2024, and will be across the model range, Audi India had stated. "Due to rising supply chain-related input and operational costs, we have effected a price correction across our model range, maintaining the brand's premium price positioning," Audi India Head Balbir Singh Dhillon said in a statement.

Mahindra & Mahindra: Mahindra & Mahindra is also planning to hike the prices of its four-wheelers in the coming year. However, exact details about the price hike have remained scarce with the company only providing that the price hike was owing to rising costs due to inflation, car&bike reported.