1 / 7As the year draws to a close, many automotive brands are gearing up for their customary price revisions, with several announcing hikes effective from January 2025. These adjustments are often attributed to rising input costs, higher commodity prices, and increased transportation expenses. Here’s a look at the leading brands that have confirmed price hikes.
2 / 7Maruti Suzuki | Maruti Suzuki India announced on December 6 that it will raise prices across its model lineup by up to 4% starting January 2025. The decision, driven by rising input costs and operational expenses, was disclosed in a regulatory filing. The price adjustment will vary based on the model, the company stated.
3 / 7Hyundai Motor India | Hyundai Motor India announced on December 5 that it will increase vehicle prices across its model range by up to ₹25,000 starting January 1, 2025. The company cited rising input costs, unfavorable exchange rates, and higher logistics expenses as reasons for the hike. (Image: Reuters)
4 / 7Nissan Motor India | Nissan Motor India announced that the introductory prices of the Magnite will end on December 31, 2024. Starting January 2025, prices for the Magnite will increase by up to 2%. Currently, the Magnite is priced from ₹5.99 lakh (ex-showroom) and is available in variants including Visa, Visa+, Acenta, N-Connecta, Tekna, and Tekna+. (Image: Reuters)
5 / 7Audi India | Audi India announced a 3% price hike across its range of cars and SUVs, effective January 1, 2025. The German luxury carmaker attributed the increase to higher transportation and input costs. (Image: Shutterstock)
6 / 7BMW | BMW Motorrad India announced a price increase of up to 2.5% across its model range, effective January 1, 2025. The company stated that the adjustment is driven by rising input costs and inflation pressures. The move aims to maintain profitability while ensuring BMW Motorrad’s standards of quality, performance, and brand experience.
7 / 7Mercedes-Benz India | Mercedes-Benz India announced on November 15 that it will increase vehicle prices by up to 3% across its entire model range, effective January 1, 2025. The price hike is attributed to rising input costs, inflationary pressures, and higher operational expenses. Adjustments will range from ₹2 lakh for the GLC to ₹9 lakh for the top-end Mercedes-Maybach S 680 luxury limousine. The price correction will apply only to vehicles not currently in stock, with price protection offered for all existing and future bookings made until December 31, 2024. (Image: Shutterstock)
