Car price hike News

Multiple brands like Tata Motors, Hyundai, Kia, Volkswagen, Renault, and others have upgraded their vehicles to comply with stringent emission norms.

Multiple major automakers in India are set to increase the prices of their vehicles from January 2023, making cars of Maruti Suzuki, Tata Motors, Hyundai, Kia, and other brands more expensive.

Last week, German luxury carmaker Audi had announced price hike in the range of Rs 1-9 lakh, effective April 1.

Come January 2017 and it won't really be a happy New Year for car lovers as major automakers in the country are all set to hike the prices of their four-wheelers by a hefty amount.

Auto makers Hyundai, Mahindra and Honda on Friday announced price hikes of up to Rs 82,906 across their entire product range on account of new levies announced in the Union Budget.  

India's Tata Motors announced Monday that it was hiking the prices of all models of its passenger vehicles by up to Rs 20,000 from January due to various factors.

Leading car manufacturers in India are hiking the prices of their vehicles from Rs 10,000 up to Rs 6.8 lakh, across all models.

Amid rising costs and weakening of rupee against US dollar, India's leading car manufacturers such as Maruti, Hyundai, Toyota have announced a hike in prices of their vehicles by up to 3 percent from January 2016.  

India's leading car manufacturers such as Maruti, Hyundai, Toyota are hiking the prices of their vehicles by up to 3 percent from January 2016, owing to the fall in rupee and the rising cost.

The German carmaker sells a range of 24 models in India, starting with the A-Class, priced at Rs 27.5 lakh, going up to Rs 2.7 crore for the S63 AMG coupe (all prices ex-showroom, Delhi).

Mercedes-Benz sells a range of products in India - from luxury hatchback A-Class priced at Rs 26 lakh to sedan S 500 priced at Rs 1.44 crore (both ex-showroom Delhi).

Prices of compact sedan Amaze have been hiked in the range of 19,000 to Rs 26,000 and it will now be available for Rs 5.18 lakh to Rs 7.78 lakh.

Officials at Maruti also said the company is currently on its year-end holiday and a decision on the price would be taken only when it reopens next week.

Maruti Suzuki India, the country's largest car maker, plans to hike prices of its models in the range of 2-4 percent from next month in order to partially offset the impact of rising input costs.

The hike in prices may come to adjust higher raw material costs and logistics costs. Hyundai Elite i20, Maruti Ciaz may cost more from their introductory launch prices.