Many car manufacturers have confirmed that they will increase the prices of their cars from January 1, 2025, due to rising commodity and operational costs. Here’s a detailed look at the price hikes announced by various brands, including all variants and their price impacts.
1. Jeep-Citroen (Stellantis)
| Brand | Model | Price Hike (%) |
|---|
| Jeep | Compass, Meridian, Wrangler | Up to 2% |
| Citroen | Basalt, Aircross 5+2, C3 hatchback, eC3 EV, C5 Aircross | Up to 2% |
- Reason for Increase: Rising operational costs and commodity prices.
- Impact: Prices for models will rise by up to 2% from January 1, 2025.
2. Kia
| Model | Price Hike (%) |
|---|
| Sonet | Up to 2% |
| Seltos | Up to 2% |
| Carens | Up to 2% |
| Carnival | Up to 2% |
| Syros (upcoming) | To be confirmed |
- Reason for Increase: Rising costs of materials and components.
- Impact: Kia’s price hike will apply to its entire range, up to 2%.
3. Tata Motors
| Model | Price Hike (%) |
|---|
| Tiago EV | Up to 3% |
| Tigor EV | Up to 3% |
| Punch EV | Up to 3% |
| Nexon EV | Up to 3% |
| Curvv EV | Up to 3% |
| Tiago | Up to 3% |
| Tigor | Up to 3% |
| Punch | Up to 3% |
| Altroz | Up to 3% |
| Harrier | Up to 3% |
| Safari | Up to 3% |
| Curvv (ICE) | Up to 3% |
- Reason for Increase: Inflation in production costs and increase in input prices.
- Impact: Price hike of up to 3% across Tata’s entire portfolio, including electric and internal combustion engine (ICE) vehicles.
4. Mahindra
| Model | Price Hike (%) |
|---|
| Thar | Up to 3% |
| Bolero | Up to 3% |
| Scorpio | Up to 3% |
| XUV700 | Up to 3% |
| Thar Roxx | Up to 3% |
| XUV400 EV | Up to 3% |
| Bolero Neo | Up to 3% |
| Scorpio N | Up to 3% |
| XUV300 | Up to 3% |
- Reason for Increase: Increased costs in manufacturing and operational expenses.
- Impact: Price increase of up to 3%, affecting all Mahindra SUV models.
5. MG Motor India
| Model | Price Hike (%) |
|---|
| Comet EV | Up to 3% |
| ZS EV | Up to 3% |
| Windsor EV | Up to 3% |
| Astor | Up to 3% |
| Hector | Up to 3% |
| Gloster | Up to 3% |
- Reason for Increase: Ongoing increases in input costs.
- Impact: MG Motor will raise prices by up to 3% across its portfolio.
6. Mini India
| Model | Price Hike (Amount) |
|---|
| Mini Line-up | To be confirmed |
- Reason for Increase: Operational cost increases.
- Impact: Price increase announcement expected, but details not yet revealed.
7. Maruti Suzuki
| Model | Price Hike (%) |
|---|
| Arena & Nexa | Up to 4% |
- Reason for Increase: Rising costs of materials and production.
- Impact: Price hikes across Maruti’s entire lineup, varying by model.
8. Hyundai
| Model | Price Hike (Amount) |
|---|
| All models | Up to ₹25,000 |
- Reason for Increase: Higher input costs, including raw materials and logistics.
- Impact: A price hike of up to ₹25,000, affecting multiple models including Venue, Creta, and Ioniq 5.
9. Nissan
| Model | Price Hike (%) |
|---|
| Magnite | 2% |
- Reason for Increase: Rise in material costs.
- Impact: A 2% price hike for the Magnite SUV, but no increase for the X-Trail.
10. Audi India
| Model | Price Hike (%) |
|---|
| All models | Up to 3% |
- Reason for Increase: Rising production and operational costs.
- Impact: A 3% price hike across Audi’s entire lineup, including A4, Q3, Q5, and e-tron GT.
11. BMW India
| Model | Price Hike (%) |
|---|
| All models | Up to 3% |
- Reason for Increase: Operational and manufacturing cost hikes.
- Impact: Up to 3% price increase, affecting 2 Series, X1, X3, X5, and electric models like iX1.
12. Mercedes-Benz India
| Model | Price Hike (Amount) |
|---|
| GLC | ₹2 lakh |
| Maybach S680 | ₹9 lakh |
| All models | Up to 3% |
- Reason for Increase: Rising material costs and inflation.
- Impact: Prices will increase by up to 3%, with significant hikes for luxury models.
15 FAQs on the 2025 Car Price Hike
- Why are car prices going up in January 2025?
- Due to rising operational and commodity costs across the industry.
- Which brands are increasing their prices in 2025?
- Jeep, Kia, Tata, Mahindra, MG Motor, Maruti Suzuki, Hyundai, Nissan, Audi, BMW, and Mercedes-Benz.
- How much will prices increase for Tata models?
- Prices will go up by up to 3% for all Tata models, including electric and ICE vehicles.
- Is the Mahindra Thar getting a price hike?
- Yes, the Thar will see an increase of up to 3%.
- Will the Kia Sonet’s price increase?
- Yes, Kia will raise prices for the Sonet by up to 2%.
- How much will Maruti Suzuki’s prices increase?
- Maruti Suzuki’s Arena and Nexa models will see a price hike of up to 4%.
- Are electric cars also affected by the price hike?
- Yes, electric cars from brands like Tata, MG, and Audi will see price hikes.
- How much will the price of the Hyundai Creta go up?
- The price will increase by up to ₹25,000.
- Which model will see the highest price hike?
- Luxury models like the Mercedes-Maybach S680 V12 will see a significant hike of ₹9 lakh.
- Are all car models in the affected brands being increased in price?
- No, the price increase varies by model.
- When will the price hikes take effect?
- The price hikes will be implemented from January 1, 2025.
- Are the price hikes confirmed for every model?
- While most models have confirmed hikes, some are still to announce specifics.
- Will electric vehicle prices be affected more than regular cars?
- Both electric and ICE vehicles will experience price increases, though EVs may see a more significant rise in some cases.
- How much will the Audi Q3 price go up?
- Audi’s entire lineup, including the Q3, will see a 3% price hike.
- Can I avoid the price hike by booking a car before January 2025?
- Some brands have confirmed that cars booked before the price hike will not be affected.
