Multiple automakers, including Mahindra & Mahindra, Hyundai, Honda, Tata Motors, Kia, and Maruti Suzuki, have announced upcoming price hikes across their product portfolios starting April 2025, citing rising input and operational costs as the primary reasons.
Mahindra & Mahindra will increase prices by up to 3% across its SUV and commercial vehicle range. The company stated that the revision is necessary due to higher commodity prices and input costs, with the exact increase varying by model and segment.
Hyundai Motor India has also confirmed a similar 3% hike across its lineup. The revision, effective April 2025, comes in response to increased costs of materials and overall operational expenses.
Honda Cars India will implement a price hike across all its models starting in April as well, joining a growing list of automakers adjusting prices due to economic pressures.
Kia India has already implemented price increases earlier this month, ranging between 0.3% and 4.7%, while Tata Motors announced a price hike specifically for its commercial vehicle segment. Meanwhile, Maruti Suzuki plans to raise prices by up to 4% beginning next month, also attributing the move to sustained input cost inflation.
The industry-wide trend highlights the continued challenges faced by manufacturers amid fluctuating raw material costs and evolving regulatory requirements. Model-specific pricing details are expected to be released by the companies closer to the effective date.
