Maruti Suzuki Cars Price Hike: Maruti Suzuki, the largest car manufacturer in India, has announced a price hike of up to Rs 30,000, effective from August 2026. The price hike has been announced for its passenger vehicle portfolio. Notably, this is the second time that the brand has announced a price hike. A similar hike of up to Rs 30,000 was announced by the brand in May 2026, which took effect from June 2026.
Maruti Suzuki Car Price Hike: The Reason
As mentioned earlier, the brand has announced a second price hike in India across its passenger vehicle portfolio, and it will take effect from next month onwards. The brand has cited a sustained increase in input costs as the reason behind the recently announced hike. The previous hike was announced by the brand in May 2026, and the brand had attributed the hike to inflationary pressure, along with increasing input costs.
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Maruti Suzuki Is Not The Only One
Notably, the prices of steel, copper, aluminium, and rubber have recently hit their 12-month high. Additionally, increasing logistic expenses, along with the depreciating value of the rupee, have also resulted in rising input costs for car manufacturers. Due to increasing input costs, several mass market car manufacturers and luxury car manufacturers have increased prices of their products. Mass-market car manufacturers, including Tata, Mahindra, Kia, Hyundai, and MG, have increased prices of their passenger vehicles twice this year, so far. Additionally, luxury car brands such as Mercedes-Benz, BMW, and Audi have also announced a price hike across their vehicle portfolio in India.