Maruti, Mahindra, Hyundai and more cars price increases in India from January 2025: Cars are going to be expensive in the new year as major automobile companies like Maruti Suzuki, Hyundai, Mahindra, MG Motor, Mercedes-Benz and BMW have announced to increase the prices of their cars. From January 2025, not only will the prices of ordinary vehicles increase, but the prices of luxury cars will also become expensive.
These companies say that due to rising costs and other reasons they have to increase prices. As soon as the new year arrives, this can be a big shock for those buying a new car. Let us know by how much which company is going to increase the prices of its vehicles.
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Maruti prices will increase by 4% in the new year
The prices of Maruti Suzuki cars are going to increase in the new year. Maruti Suzuki, the country’s largest car manufacturing company, had said on Friday that the prices of vehicles will increase by up to 4% from January 2025. The company has decided to increase the prices of its vehicles to cope with the continuously increasing raw material prices and operation costs. Maruti sells cars like Alto K10, S-Presso, Celerio, Eeco, WagonR, Swift, Dezire, Brezza, Ertiga, Ignis, Baleno, Ciaz, Francox, Grand Vitara, Jimny, XL6 and Invicto.
Prices of Hyundai cars increased by up to Rs 25000
Hyundai cars are also going to become expensive in the new year. Recently, it was told by the car manufacturer that from January 1, 2025, the prices of Hyundai cars will increase by Rs 25,000. According to the statement, the price increase will be done in different model vehicles of Hyundai Motor India. Hyundai Motor India Limited (HMIL) said in a statement that it has become necessary to increase the prices due to increase in raw material costs, unfavorable exchange rates and increase in logistics costs. There are many models of Hyundai available for customers in the Indian car market. Whose names are as follows- Grand i10 Nios, i20, i20 N Line, Aura, Verna, Exter, Venue, Venue N Line, Creta, Creta N Line, Alcazar, Tucson and electric car Ioniq 5.
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Up to 3% discount on Mahindra SUV from January 1 prices will increase
From January 1, 2025, the prices of Mahindra & Mahindra SUVs and commercial vehicles are going to increase by 3%. The company recently said in a statement that due to high inflation rate and rising commodity costs, the decision has been taken to increase the prices of SUVs and commercial vehicles. The company has tried to bear the additional costs as much as possible. However, a portion of the increased costs needed to be passed on to customers. Mahindra’s SUV line-up currently includes Bolero, Bolero Neo, XUV 3XO, Thar, Thar Roxx, Scorpio Classic, Scorpio-N, XUV700 models. Apart from this, the company also sells XUV400, BE and XEV 9e electric cars.
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JSW MG Motor cars are also going to be costlier by 3%
The prices of all MG vehicles are going to increase by up to 3% in the new year. MG models like Comet EV, ZS EV, Windsor EV, Astor, Hector and Gloster are available in the market for the customers.
Luxury cars will become more expensive in the new year
Luxury cars like Mercedes, BMW, Audi are also liked a lot by the people in the country. Customers are going to need more money to buy these cars in the new year because recently both the car manufacturers have announced to increase the prices of their vehicles by 3%. Like Mercedes-Benz and BMW, luxury car maker Audi India has also decided to increase the prices of its entire model range by up to 3 per cent citing increase in input and transportation costs.
Apart from this, Honda Cars India is considering increasing the prices of its cars, but it has not yet been decided how much the increase will be.