Car prices hike: After Maruti Suzuki, Tata Motors, Kia, now major automobile companies Hyundai Motor India and Honda have also announced an increase in prices of their vehicles due to increase in production costs. Hyundai Motor India said in a statement that it is going to increase the prices of its vehicles by 3 percent since April 2025. The company said that the prices of vehicles would be increased on the basis of different models and variants. Hyundai said that the decision to increase the price of the vehicle has been taken in view of increase in production costs, rising commodities and high operating costs.
Honda has not told how much prices will increase
Honda has announced to increase the price of all its vehicles from next month. However, Honda has not told how much they are going to increase the prices of their vehicles. Let us tell you that earlier Maruti Suzuki, Kia and Tata Motors have also announced to increase the prices of their vehicles from next month. Kia India said on Tuesday that it will increase the prices of its vehicles by up to 3 percent from April to reduce the rising cost pressure. Kia said in a statement that the new prices, which would be applicable from April 1, 2025, are mainly due to rising prices of materials and costs related to supply chain.
Tata Motors will increase commercial vehicles prices
Maruti Suzuki India and Tata Motors announced on Monday this week that they would increase their vehicles prices from April. These companies are taking this step for the second time this year to partially reduce the impact of the increasing cost of raw materials. Maruti Suzuki said that it is planning to increase the prices of all its models by 4 percent from next month. At the same time, Tata Motors said that it will increase the prices of its commercial vehicles by 2 percent from next month.
Benefits of buying Tata Motors vehicle
Overall, on one hand, Maruti Suzuki is going to increase the prices of its vehicles by 4%, on the other hand Tata Motors will not increase the prices of its passenger vehicles. In such a situation, people who are planning to buy a car next month can choose the car of Tata Motors.
