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India's top carmaker Maruti Suzuki on Friday said it will hike car prices by up to 4% to tackle rising raw material and operational costs, as it joins rival Hyundai Motor India. Maruti's shares rose as much as 1.

Maruti Suzuki cars like Swift, Dzire, Baleno, Ertiga, Brezza, and others will get expensive from January 2025.

Car prices are going up. Maruti Suzuki announced a price hike of up to 4% starting January 2025. Rising costs are impacting the business. The price increase will vary across models. The company is working to lessen the impact on customers.

India's top carmaker Maruti Suzuki and smaller rival JSW MG Motor on Friday said they will hike car prices to tackle rising raw material and operational costs, joining Hyundai Motor India. Maruti plans to hike prices by up to 4%,

Multiple manufacturers in India, like Kia, Maruti Suzuki, Hyundai, Mahindra, BMW, and others have announced a price hike for their vehicles.

Maruti Suzuki, the country's largest carmaker, reported strong growth in total passenger vehicle sales, reaching 141,312 units during November.

Prices of various car models -- ranging from entry-level hatchbacks to high-end luxury offerings -- are set to rise as automakers have announced price hikes with effect from January.

Prices of various car models -- ranging from entry-level hatchbacks to high-end luxury offerings -- are set to rise as automakers have announced price hikes with effect from January. Carmakers cite an increase in input costs and operational expenses as the main reason to implement price increases from the next month.

Maruti Suzuki has announced a price hike of up to four per cent across its model range. The revision will be applicable from January, 2025 and will be levied on the ex-showroom prices of the models. The brand has attributed the rising input and operational costs to this decision.

Maruti Suzuki will increase car prices from January 2025. Popular models like Swift, Dzire, Baleno, Brezza, and Ertiga will see a price hike. Other manufacturers are also expected to increase car prices.