Various car owners in India are ready to increase vehicle prices from January 2023. It includes leading brands like Maruti Suzuki, Kia, Tata Motors, and many others.
Honda is planning to increase the price of its vehicle by Rs. 30,000 for all the models from January, which includes models like Jazz, WR-V, City, and others.
Maruti Suzuki has announced a hike in its car price, which is yet to be disclosed by the company. It includes models like WagonR, Alto, Ertiga, Celerio, Brezza, and others to be highly expensive.
Tata Motors is increasing the price of its vehicles due to a rise in input costs for both ICE and electric cars. It includes models like Nexon, Nexon EV, Harrier, Safari, Tiago, Punch, and others.
Kia has also announced an increase in the price of its entire line-up model by Rs 50,000 from January 2023. Currently, the brand sells models like Seltos, Carnival, Carens, EV6, and more.
The luxurious German automobile company will also increase the price of its model by 5%, includeing models like Class, EQS, C-Class, E-Class, S-Class, and all other models.
Audi is also increasing the price of its lined-up model by up to 1.7%, which includes models like A4, A6, A8 L, Q, Q5, Q7, and e-Tron.
Jeep announced a 2 to 4% hike in price for each SUV model, including Meridian, Compass, and Wrangler, along with the recently released Grand Cherokee.