Maruti Suzuki to increase vehicle prices by up to 4% from April; share price rallies

Maruti Suzuki, the largest passenger car maker in India, on Monday announced an increase in prices of its vehicles from April 2025. Maruti Suzuki share price rallied nearly 2% after the price hike announcement.

The automobile major said the price hike has been taken on the back of increasing input costs, and it will vary depending upon the models.

“In light of rising input costs and operational expenses, the Company has planned to increase the prices of its cars from April, 2025. The price increase is expected to be up to 4% and will vary depending on the model,” Maruti Suzuki India said in a regulatory filing on March 17.

While the Company continuously strives to optimize costs and minimize the impact on its customers, some portion of the increased cost may need to be passed on to the market, it added.

Maruti Suzuki Sales

Maruti Suzuki sold a total of 199,400 units of vehicles in February 2025, registering a marginal growth of 0.97% from 197,471 units sold in the same month last year.

Total sales in February 2025 included domestic sales of 163,501 units, sales to other OEM of 10,878 units and exports of 25,021 units. Exports saw a decline of 13.5% year-on-year (YoY).

Total domestic Passenger Vehicle (PV) sales of Maruti Suzuki last month rose by 0.32% to 160,791 units from 160,271 units, YoY.

Maruti Suzuki Stock Price Performance

Maruti Suzuki share price has fallen over 9% in one month, but the auto stock has gained more 3.3% on a year-to-date (YTD) basis. Maruti Suzuki shares have fallen 5.2% in six months, and has gained modestly by 1% in one year period.

However, in the past two years, Maruti Suzuki stock price has rallied 40%, while it has delivered multibagger returns of 107% in five years.

At 9:55 AM, Maruti Suzuki shares were trading 1.99% higher at ₹11,737.10 apiece on the BSE.

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