Maruti Suzuki to hike prices by up to Rs 32,500 from February 1; cites rising costs
Maruti Suzuki Thursday said it will increase prices across its range of vehicles by up to Rs 32,500 with effect from Feb 1, 2025.
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The company attributed the price rise to rising input and operational costs. “While the company is committed to optimising costs and reducing the impact on the customers, we are constrained to pass on some of the increased expenses to the market," Maruti Suzuki said in a filing to the bourses.
Under the revised prices, the company's compact car Celerio will see an increase in ex-showroom prices by up to Rs 32,500, while that of premium model lnvicto will go by up to Rs 30,000.
The company, currently, sells a range of vehicles from entry-level Alto K-10, with prices starting at Rs 3.99 lakh, to Invicto at Rs 28.92 lakh.
Last month, Maruti Suzuki, in sold 1,78,248 units, which is an increase of 30% over the previous year.
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