Indian mass-market and luxury carmakers announce price hikes for 2025
As the calendar turns to 2025, car buyers in India should be prepared for price increases on various vehicles. Several leading automakers have announced increases in their product line-ups, citing higher input costs, operating expenses and transportation expenses as key drivers. Below are the details for potential buyers.
Maruti Suzuki
India’s largest carmaker Maruti Suzuki has announced a 4% price increase across its extensive product line. The increase will vary depending on the specific model and variant. Maruti Suzuki’s product portfolio includes the affordable Alto, which is priced at Rs. The premium Invicto is priced at Rs 3.99 lakh and is priced over Rs 10 lakh. 30 Lakhs (ex-showroom).
modern
Hyundai has opted for steady growth of the rupee. 25,000/- for all models. The Korean carmaker will also kick off the new year by launching the much-anticipated Creta EV. Hyundai’s move demonstrates its commitment to expanding its product range while adapting to market conditions.
Nissan
Nissan India will increase prices of its SUVs under 4 meters by 2%. The Magnite Facelift, which did not see a price increase at launch, will also fall under this revised pricing structure. Nissan’s flagship X-Trail and export-friendly Magnite highlight its diversified presence in the Indian market.
Audi
German luxury brand Audi announced a 3% price increase for its entire range of products. These include the recently launched Q7 Facelift and its imported electric models. Audi’s pricing strategy highlights the cost pressures even high-end manufacturers face.
BMW
BMW will implement a 3% price increase, affecting more than 10 locally produced models as well as imported electric and performance-focused M models. The increase reflects higher costs for its diverse product offerings.
Mercedes-Benz
Mercedes-Benz takes a slightly more nuanced approach. Vehicles built before December 31, 2024 will maintain current prices. However, starting in January 2025, prices will increase by 3% for all models. Notably, the GLC-Class is priced at Rs. 2 lakhs and above, while the price of the ultra-luxury Maybach S680 will increase by more than Rs. Nine hundred thousand.
MG Motor
MG Motor also joined the price increase wave, with its product portfolio increasing by as much as 3%. The brand launched its Battery as a Service (BAAS) program this year to continue driving innovation while the market adjusts.
Mahindra
Mahindra has announced a 3% price hike in its passenger and commercial vehicle segments. The move is in line with a broader trend of Indian automakers adjusting pricing amid rising costs.
hurry up
Kia India will raise prices by up to 2%, citing rising commodity prices and supply chain challenges. The decision reflects the pressure felt across the industry.
Tata Motors
Tata Motors has confirmed a 3% price hike for its passenger car range, which includes internal combustion engine (ICE) models and electric vehicles. The price revision reflects Tata’s efforts to balance costs while remaining competitive.
While annual price increases are standard practice in the auto industry, the 2025 adjustments highlight the ongoing challenges facing manufacturers. Rising commodity prices, supply chain disruptions and increased operating costs are common factors influencing these decisions. For potential buyers, these increases may mean rethinking your budget or buying early to secure current prices. As automakers deal with these cost pressures, they continue to innovate and bring new products, such as electric vehicles, to market.
The post Automakers Announce 2025 Price Increases: What Buyers Need to Know appeared first on MotorBeam.
Leave a Reply Cancel reply
You must be logged in to post a comment.