Maruti Suzuki hikes vehicle prices across models; your new car may cost up to ₹30,000 more from August

India’s largest automaker Maruti Suzuki on Tuesday announced that it will increase the prices of its vehicles by up to 200, depending on the models. ₹$30,000 each starting in August 2026, according to a filing with the exchanges. The statement stated that this move came at a time when the automaker was trying to balance the constant increase in input costs.

Shares of Maruti Suzuki closed with a 0.6 percent increase ₹13,597, reversing course from earlier in the day.

• He added that the company has “continued efforts to reduce the cost impact to the extent possible through cost reduction measures” over the past few months. However, it has to reflect some of the increasing costs due to increasing “inflationary burdens” and the ongoing “adverse cost environment”.
• According to Maruti Suzuki, “we continue to ensure that the impact on customers is kept to the minimum possible”.
• He added that the exact amount of change will vary from model to model.

Automakers increased prices due to inflationary pressure

Maruti Suzuki’s vehicle lineup includes sedans, small cars and SUVs, from the entry-level S-Presso to the premium utility vehicle Invicto. ₹3.5 lakh and ₹28.70 lakh (ex-showroom), as per PTI report.

A Reuters report noted that the automaker also increased prices so far: ₹30,000 from June, excluding some entry-level cars. He is not alone in his decision. It was stated that Tata Motors Passenger Vehicles also increased prices twice, while Mahindra & Mahindra (M&M) and Hyundai Motor India increased prices once each.

The Reuters report stated that conflicts in West Asia have disrupted global trade routes and energy markets, increased basic input prices and caused companies to impose higher costs on customers.

What was MSI’s price protection for the June hike?

During the May hike, Maruti Suzuki announced price protection for its small car lineup, including Alto K10, S-Presso, Celerio and WagonR, for customers who book any of the listed small vehicles on or before June 14 this year.

This move comes following feedback from our channel partners, Maruti Suzuki India senior marketing and sales executive Partho Banerjee told PTI last month. “Their (channel partners’) request was simple: The customer who boldly steps forward to buy a car should not be pushed back due to price hike. Therefore, we are considering a price protection window for small car buyers. We give you a cushion if you book,” he said.

According to the company, the aim of the plan was to help maintain affordability for customers, especially as vehicle prices are expected to rise due to inflationary pressures and an unfavorable cost environment. He added that first-time buyers are expected to be the main beneficiaries of this scheme as it is part of a wider effort to promote motor vehicle use across the country.

It is not yet known whether a similar price protection plan will be implemented before the August price increase.

(With input from institutions)