Maruti Suzuki to hike car prices by up to ₹20,000 in September, third increase since May

5paisa Capital Ltd - 0 min read

Last Updated: 7th September 2026 - 02:18 pm

Maruti Suzuki India will increase the prices of some of its car models by up to ₹20,000 in September, the company said in a filing with the BSE on Monday. 

The company attributed the increase to a continued rise in input costs and the broader inflationary pressure. 

This is Maruti Suzuki's third price increase since May. The earlier two hikes were applicable to its entire vehicle range. This time, however, the increase will be limited to select models. 

The revised prices will take effect during September 2026. 

Maruti Suzuki said it had been trying to absorb the higher costs through measures taken internally. The company said it had been working on cost reduction for the past few months to limit the effect of the increase in input costs. 

But with costs continuing to remain high, the company said it had limited scope to absorb the additional burden. 

“With inflationary burdens at elevated levels and the adverse cost environment enduring, the Company is constrained to pass on a portion of the increased costs to the market,” Maruti Suzuki said in its release. 

The carmaker added that it would continue to keep the impact of the price increase on customers as limited as possible. 

Tata Motors had also raised prices 

Tata Motors had already raised prices of its passenger vehicles by up to ₹25,000 from September 1, covering both petrol/diesel models and electric vehicles. 

For Maruti Suzuki, the latest revision is more selective, with the company limiting the September increase to certain models. 

The latest hike comes as the automaker continues to deal with higher input costs and an elevated cost environment. 

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