This price revision comes amid an industry-wide trend of automakers adjusting prices to counter growing production costs. On March 17, Maruti Suzuki India Ltd. (Msil)
announced a price hike of up to 4%, effective April 1, 2025, marking its third price increase this year after previous hikes in January and February.
Similarly, Tata Motors also announced a price increase of up to 2% across its commercial vehicle range from April 1, 2025, citing surging raw material and input costs.In the luxury car segment, Mercedes-Benz India is also considering a price revision in April if the rupee continues to weaken against the euro, according to Managing Director & CEO Santosh Iyer, PTI reported. The company had already raised prices in January this year and anticipates sluggish luxury car sales for at least two more quarters.
With leading automakers implementing price hikes, industry experts will closely monitor consumer sentiment and its impact on sales volumes in the coming months.
