By proceeding, I acknowledge that I have read and agreed to the Privacy Policy, Terms & Conditions, consent declaration, and the sharing of my information with lending partners, dealers, OEMs, and for marketing communication via Phone Calls, SMS & WhatsApp.
ADVERTISEMENT
ADVERTISEMENT
Maruti Suzuki to Increase Prices of All Models from January 2024
Follows Audi in announcing rise in prices Third price hike since January 2023 Will affect all models in the current lineup
Maruti Suzuki Cars, India’s largest automaker has just announced that it will be raising the prices of their cars from 1 January 2024. This will be the third time since 2023 that the brand will be hiking the prices of its lineup. Maruti stated that the rise in inflation is the factor behind the latest increase. We take a closer look.
Maruti Suzuki: New Price Hike
In a press release, Maruti Suzuki said that prices of cars have to be increased on account of increased cost pressure driven by overall inflation and increased commodity prices. The automaker also added that despite making maximum efforts to reduce costs and offset the increase, it may have to pass on some increase to the market.
Global inflation due to geopolitics and economics has affected multiple automakers, including Audi who also announced that it will be raising the prices of its models in India. In its BSE filing, Maruti Suzuki stated that the company is facing increased cost pressures due to inflation and increased commodity prices. While automakers try to absorb the additional cost, they cannot keep doing that after a certain point.
Maruti Suzuki: Expected Hike in Pricing
While Maruti will only reveal the exact prices in January 2024, expect all models to cost around 1-2 percent more than currently. The automaker raised prices by 1.1 percent in January 2023, followed by a 0.8% increase in April. Furthermore, models with a higher level of features and creature comforts will likely get a higher price hike.
Read Also: Audi India Announces Price Hike Across Model Range
About Author
Team CarLelo
Sub-Editor
Team CarLelo is a group of passionate car enthusiasts and auto experts who bring you the latest car news, launches, reviews, and buying tips. The team focuses on simple, clear, and useful content to make car buying easy and stress-free for readers across India.
ADVERTISEMENT
Top Car Brands in India
Trending Car News in India
Ferrari Amalfi Spider Launched in India at Rs 4.6 Crore
Ferrari Amalfi Spider has been launched in India at Rs 4.6 crore with a twin-turbo V8 engine, convertible roof, and a 0-100 kmph time of 3.3 seconds.
Konica Singh
Read More
Mahindra Scorpio-N Facelift Likely Debut Next Month - More Details Emerge
The 2026 Mahindra Scorpio-N facelift will come with cosmetic design and interior changes along with a longer list of features.
Amit Sharma
Read More
Hyundai's New Compact EV Could Offer Over 500 km Range
Hyundai's upcoming compact electric SUV could offer over 500 km range, two battery packs, ADAS and premium features ahead of its India launch.
Konica Singh
Read More
New Freelander 8 Gets 46.3-Inch 8K Display, Huawei ADAS and 800V Platform
The new Freelander 8 gets a 46.3-inch 8K display, Huawei ADS 5.0, Snapdragon 8397 chip and an 800V platform ahead of its China debut.
Konica Singh
Read More
New MG EV to Launch in August 2026: Mahindra XEV 9S Rival
The first model based on the new ADAPT platform will be an all-electric 7-seater SUV; based on the Wuling Eksion on sale in Indonesia.
Amit Sharma
Read More
2 Hyundai SUVs Launching This Financial Year - Bayon and EV
Hyundai is preparing to launch two all-new SUVs, a compact EV and Bayon, in the Indian market before the end of this financial year, by March 2027.
Amit Sharma
Read More
Mahindra BE 6 Marks the 3-Millionth Vehicle to Roll Out of Chakan Plant
Mahindra & Mahindra has announced that its Chakan manufacturing facility has crossed the landmark cumulative production milestone of three million vehicles.
Amit Sharma
Read More
Latest Maruti Suzuki Car News and Updates
Suzuki Micro EV Testing Begins - Launch in 2027
The production version of the Suzuki Vision e-Sky is slated to be launched for 2027. Both left-hand-drive and right-hand-drive models will be introduced.
Amit Sharma
Read More
New Maruti Brezza – Bigger Screen, 6-Speed Manual and More
Maruti Suzuki has opened bookings for the 2026 Brezza ahead of its July 23 launch. The SUV gets a bigger touchscreen, new features and more updates.
Konica Singh
Read More
2026 Maruti Brezza Facelift Booking Amount - Price Release on July 23
Interested customers can book the new Maruti Brezza facelift online or at authorised ARENA dealership by paying a token amount of Rs 11,000.
Amit Sharma
Read More
Planning to Buy Maruti Grand Vitara? Check This Month’s Discount Offers
Buyers can save up to Rs 95000 on the Maruti Grand Vitara Sigma petrol manual variant. Customers can also save up to Rs 90000 on the Delta and Zeta CNG variants
Chhavi
Read More
Maruti Victoris Price Cut Rs 39000, Discounts up to 90000
The Maruti Suzuki Victoris hybrid variants are available with maximum benefits of up to Rs 90,000. The company has reduced prices of the four variants by 39000
Amit Sharma
Read More
Brezza Facelift to Benefit With Turbo Petrol Engine - Launch Date
Scheduled to be launched on July 23, the Maruti Brezza facelift will bring in several cosmetic design and interior changes along with a longer list of features.
Amit Sharma
Read More
How Budget-Conscious Buyers Can Maximise Value Without Compromising Reliability
Buying a car on a tight budget doesn't mean settling for something unreliable. Smart buyers prove this every month across India.
Team CarLelo
Read More
Latest Maruti Suzuki News and Updates
Suzuki Micro EV Testing Begins - Launch in 2027
The production version of the Suzuki Vision e-Sky is slated to be launched for 2027. Both left-hand-drive and right-hand-drive models will be introduced.
Amit Sharma
Read More
New Maruti Brezza – Bigger Screen, 6-Speed Manual and More
Maruti Suzuki has opened bookings for the 2026 Brezza ahead of its July 23 launch. The SUV gets a bigger touchscreen, new features and more updates.
Konica Singh
Read More
2026 Maruti Brezza Facelift Booking Amount - Price Release on July 23
Interested customers can book the new Maruti Brezza facelift online or at authorised ARENA dealership by paying a token amount of Rs 11,000.
Amit Sharma
Read More
Planning to Buy Maruti Grand Vitara? Check This Month’s Discount Offers
Buyers can save up to Rs 95000 on the Maruti Grand Vitara Sigma petrol manual variant. Customers can also save up to Rs 90000 on the Delta and Zeta CNG variants
Chhavi
Read More
Maruti Victoris Price Cut Rs 39000, Discounts up to 90000
The Maruti Suzuki Victoris hybrid variants are available with maximum benefits of up to Rs 90,000. The company has reduced prices of the four variants by 39000
Amit Sharma
Read More
Brezza Facelift to Benefit With Turbo Petrol Engine - Launch Date
Scheduled to be launched on July 23, the Maruti Brezza facelift will bring in several cosmetic design and interior changes along with a longer list of features.
Amit Sharma
Read More
How Budget-Conscious Buyers Can Maximise Value Without Compromising Reliability
Buying a car on a tight budget doesn't mean settling for something unreliable. Smart buyers prove this every month across India.
Team CarLelo
Read More
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Trending Cars in India
Explore Similar Cars
Trusted Dealer
All Over India
Irresistible Offers
Stay Updated, Pay Less
Compare Cars
Choose the Right Car
Easy Finance
Multiple Finance Options
Monday - Saturday
10:00am - 6:30pm
+91 7947722777, +91 7479000444, +91 9311718549
contact@carlelo.com