Maruti Suzuki to hike car prices by Rs 20,000 on selected models again; stock turns green

Maruti Suzuki will increase car prices by up to twenty thousand rupees this September. This follows a previous price adjustment of around thirty thousand rupees last month. The automaker cited sustained increases in input costs as the primary re...

Maruti Suzuki India Limited on Monday announced a fresh price hike in prices of its car models by up to Rs 20,000, marking its ⁠third hike ‌since May.

The company cited increased input costs and inflationary burdens behind the latest move. The ​previous two price hikes were across ‌its portfolio, while ​the latest ​increase ⁠will apply only to select models.

"You are kindly informed that in view of the continuous sustained increase in input costs, the Company has decided to increase the prices on selected models by up to Rs. 20,000. This increase in prices would come into effect in September 2026," the company said in a regulatory filing.


Maruti's shares turned green in a downcast Mumbai trading session and the car maker's shares were last up 0.6% at Rs 12,770 at 11:35 am. The BSE Sensex was down 0.6%.

Also read: Tata Motors to hike car prices by Rs 25,000; joins Maruti, Hyundai as costs hurt pockets

The move comes days after peers like Tata and Hyundai announced price hike, citing increased input costs and supply chain constraints.
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Maruti Suzuki, India's largest automaker has been making continuous efforts to mitigate the cost impact to the extent possible through cost reduction measures.

"However, with inflationary burdens at elevated levels and the adverse cost environment enduring, the Company is constrained to pass on a portion of the increased costs to the market, while continuing to ensure that the impact on customers is kept to the minimum extent possible," it said.

However, Maruti Suzuki did not specify the names of car models covered under the new price hike.

Under its Arena range, the carmaker sells S-Presso, Alto K10, Celerio, WagonR, Eeco, Swift, Dzire, Brezza, Ertiga and Victoris, while in its Nexa range, it sells e VITARA, Invicto, Jimny, XL6, Grand Vitara, FRONX and Baleno.
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Also read: Maruti Suzuki CEO calls for deeper localisation across automotive supply chain

CEO flags global supply risks

Maruti Suzuki India Managing Director and CEO Hisashi Takeuchi earlier called for deeper localisation across the automotive supply chain, saying the restructuring of global supply chains has created an opportunity for India to emerge as a trusted manufacturing hub.
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Speaking at the 66th ACMA Annual Session, he said that cost was no longer the only factor shaping global supply chains, with reliability and continuity becoming equally important after years of disruptions ranging from semiconductor shortages to geopolitical conflicts.

“Deep localisation is about reducing our exposure to external disruptions by strengthening domestic capabilities and progressively owning a larger share of the value chain,” he added.

Takeuchi further said localisation alone would not be enough as Indian-made products would also need to match global quality standards, requiring stronger capabilities across the supplier ecosystem.
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