Maruti Suzuki Announces Price Hike on Select Models Amid Rising Costs

Price Increase Announcement

Maruti Suzuki, one of India's leading passenger car manufacturers, has once again surprised customers by announcing a price increase of up to ₹20,000 on select car models starting September 2026. The company attributes this decision to the ongoing rise in input costs and inflationary pressures.

Third Price Increase in Five Months

This marks the third price hike by Maruti Suzuki this year. Previously, in May, the company raised prices by up to ₹30,000 across its entire model range, followed by another increase of the same amount in August.

However, the current increase is more limited, affecting only a few selected models and variants rather than the entire range. Details regarding which specific models and variants will see price hikes have not yet been disclosed.

Reasons Behind the Price Increase

The company has cited the continuous rise in input costs and high inflation as the primary reasons for this price adjustment. Maruti Suzuki has stated that it has implemented several measures to reduce costs, but the pressure remains significant.

As a result, the company has decided to pass on a portion of the increased costs to customers, while attempting to minimize the impact of these price hikes.

Other Manufacturers Follow Suit

The price increase is not exclusive to Maruti Suzuki. In September, Tata Motors Passenger Vehicles also raised prices by up to ₹25,000 for their cars and SUVs. Similarly, Hyundai Motor India has increased prices across its entire range by approximately 1%.

This trend may lead to additional expenses for customers planning to purchase cars ahead of the festive season.

Sales Performance Remains Strong

Despite the price hikes, Maruti Suzuki experienced a notable increase in sales during August. The company sold a total of 219,220 vehicles, reflecting a 21.3% increase compared to the same month last year. Domestic sales accounted for 180,078 units, while 33,844 vehicles were exported.

This growth is significant for the company, especially as demand for SUVs and other passenger vehicles continues in the Indian auto market.

Impact on Customers

The price increase of up to ₹20,000 will directly affect the ex-showroom price of the vehicles. Consequently, the on-road price may also change, as taxes, insurance, and other fees are influenced by the vehicle's price.

However, it is important to note that not every Maruti car will see a ₹20,000 increase; this is the maximum hike and will apply only to select models and variants. Therefore, customers should verify the new prices and dealer quotes before making a purchase.

Currently, this move by Maruti Suzuki is viewed as part of the company's strategy to adjust prices amid rising costs. This September increase is the third price adjustment for the company this year.