Maruti Suzuki, the largest passenger car maker in India, on Monday announced an increase in prices of its vehicles from April 2025. Maruti Suzuki share price rallied nearly 2% after the price hike announcement.
“In light of rising input costs and operational expenses, the Company has planned to increase the prices of its cars from April, 2025. The price increase is expected to be up to 4% and will vary depending on the model,” Maruti Suzuki said in a regulatory filing on March 17.
While the Company continuously strives to optimize costs and minimize the impact on its customers, some portion of the increased cost may need to be passed on to the market, it added.
At 9:55 AM, Maruti Suzuki shares were trading 1.99% higher at ₹11,737.10 apiece on the BSE.