Planning to buy car? Maruti, Tata, Kia to get pricier from this date: Details
If you’re planning to buy a car, you might want to act fast. Kia India has announced a price hike of up to 3% across its entire range, set to take effect from April 1. The company cited rising commodity prices and supply chain costs as the key reasons behind the decision.
Kia stated that while the cost pressures have increased, it is absorbing a significant portion of the additional burden to minimize the impact on customers. The price revision is aimed at maintaining profitability while keeping the hike as reasonable as possible.
This move follows similar announcements from Tata Motors and Maruti Suzuki, both of which have also confirmed price increases on their vehicles. Tata Motors has stated that it will be raising prices for its passenger vehicles, including electric models, from April 2025, marking its second hike this year. However, the company has not disclosed the exact percentage of the increase, only mentioning that it is necessary to offset rising input costs. In January, Tata Motors had already increased vehicle prices by up to 3%.
Meanwhile, Maruti Suzuki has announced its third price revision of the year, with an increase of up to 4% across its lineup from April. The company attributed the decision to mounting input costs. Maruti had previously raised prices on January 1 and again on February 1, making this the third hike in just four months. Customers looking to purchase a new car may want to finalise their decisions before April to avoid the impact of these revisions.
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