New Delhi:
Car Pries Hike: If you are planning to buy a new car this year, then there is an important news for you. Many vehicle manufacturers are going to increase the prices of their vehicles since April 2025 due to the rising prices of raw materials in the automobile sector and the challenges of supply chains. Legendary companies like Kia India, Tata Motors and Maruti Suzuki have announced to increase prices.

In such a situation, if you are planning to get a new car, then booking by the end of March can prove to be beneficial for you.

Kia India announced to increase the price

Kia India has announced on 18 March that it will increase the prices of its vehicles by 3% from April 2025. The company has taken this decision due to increasing expenditure in the growing production cost and supply chain.

Why are the prices of Kia vehicles rising?

Hardeep Singh Brar, Senior Vice President (Sales and Marketing), Kia India, said, “We are committed to give our customers with great quality and great features. But due to the growing input cost, we will have to increase the prices of all models by 3% from April 1.”

Tata Motors is also increasing prices

Prior to Kia, Tata Motors announced on March 17 that it would increase the prices of its commercial vehicles by up to 2%. The new prices will be applicable from 1 April 2025.

Why did Tata Motors increase the price?

The company said in the statement that, “The input cost of our commercial vehicles is increasing, seeing that we have to increase prices. However, this increase will be different according to different models and variants.”

Let us know that the Indian automobile sector is currently facing challenges like increasing cost of raw materials, increase in logistic expenses and problems in supply chains.

Maruti Suzuki had already announced to increase prices

Prior to Tata Motors, Maruti Suzuki India Limited also announced that it would increase the prices of its vehicles by 4% from April 2025. Maruti said that due to rising input costs, operational expenses and inflation, it has become necessary to increase the price. The company is making every effort to reduce the cost, but it has become mandatory to put some part of the increasing expenses on customers.

Will other companies also increase prices?

After the increase in the prices of Tata Motors and Maruti Suzuki, it is being estimated that other vehicle manufacturers may soon take similar decisions.

Will buying a car be beneficial right now?

In such a situation, if you are thinking of buying a new car, it may be better to book before the end of March. Because from April 2025, many companies including Kia, Tata Motors and Maruti Suzuki are going to increase the prices of their vehicles. After April, prices will increase and you may have to pay more.

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