Indian Cars Price Hike News & Updates

[Nairrk]

MG Hector, Hector Plus, Astor prices hiked by up to Rs 28,000

MG has hiked the prices of its Hector, Hector Plus and Astor SUVs by up to Rs 28,000. This is the second price hike this year for the three SUVs – the Hector and Hector Plus got their first price hike in April, while the Astor in July. The Hector is set to receive a mid-life refresh soon. The Gloster and ZS EV are the only models that haven't gotten a price hike this time around.

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[Nairrk]

Citroën C3 price hiked by Rs. 18,000

The Citroën C3 premium hatchback has received its first price revision since its launch, a little over two months ago, in July 2022. At the time of its launch, the company had said that the prices were introductory, and they will go up later. As promised, Citroën has now increased the prices of almost all variants by Rs. 18,000, while the top-spec 1.2 Turbo Feel Dual Tone Vibe Pack trim alone has seen a price hike of Rs. 10,000. Now, the prices for the Citroen C3 begin at Rs. 5.88 lakh, going up to Rs. 8.15 lakh (ex-showroom, Delhi). The Citroen C3 continues to be offered in six variants.

Car&bike

 

[Nairrk]

Toyota Fortuner, Innova Crysta prices hiked by up to Rs 77,000

Toyota India has hiked the prices for its popular Fortuner SUV and the Innova Crysta MPV this month. Additionally, it has also introduced a price hike on the Camry Hybrid and the Vellfire MPV. Like most automakers, the Japanese manufacturer is expected to have revised the prices of its vehicles to counter increasing input costs.

• Fortuner prices increased by Rs 77,000
• Innova Crysta prices hiked by Rs 23,000
• Top-spec Fortuner now costs Rs 50.34 lakh (ex-showroom)

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[Nairrk]

Kia Carens prices hiked by Rs. 50,000

Taking advantage of the high demand for the Kia Carens MPV, the manufacturer has hiked the price for the second time this year. Earlier, Kia increased the cost of the Carens by Rs 70,000. This time around, the price of the new Carens is up by Rs 50,000. The latest hike came silently and was effective from 1st November.

Source: Cartoq

 

[Nairrk]

Tata Motors hikes prices for its passenger vehicles effective from Nov 7

Tata Motors has said that it will marginally hike the prices across its passenger vehicles from November 7. In July, the auto major had announced a marginal price hike of 0.55 per cent for its PV range. A few changes were made in January and April 2022.

"Effective November 7, 2022, the average increase will be 0.9 per cent, depending on the variant and model," the company said in a statement.

The auto major explained that it has been bearing a great portion of the increased costs, but due to rising overall input costs, it has to pass some of the prices to the consumers through this minimal price hike. The latest price hike will be applicable to all Tata cars.
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[Nairrk]

Skoda Kushaq, Slavia prices hiked by up to Rs 60,000

Skoda has hiked the prices of two of their most popular models – the Slavia sedan and Kushaq SUV – by up to Rs 60,000. This is the second price hike for the Slavia since its launch in February 2022 and the third for the Kushaq.

Prices for the Slavia sedan have been increased in the range of Rs 1,000 to Rs 40,000, while the Kushaq SUV sees a price hike in the range of Rs 20,000 to Rs 60,000.

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[Nairrk]

Jeep Compass price hiked by up to Rs 1.80 lakh

Jeep has hiked prices of the Compass SUV by up to Rs 1.2 lakh, depending on the trim. Prices for the Compass now start at Rs 20.89 lakh for the base Sport trim, and go up Rs 32.67 lakh for the top-spec Trailhawk. This is the fourth price hike the Compass has seen this year, with the previous one having come just two months ago, in September, when the prices were hiked by Rs 90,000 across the range.

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[350Z]

Come January and automakers will again hike the prices of their models. Sharing some of the latest ones below:

• Renault will increase prices across its range of cars, effective from January 2023 in order to partially offset the impact of constant increases in input costs.
• Mercedes-Benz will hike prices by upto 5% w.e.f. 1st January 2023 across the entire portfolio. It ranges from ₹1,50,000 for GLA, ₹4,50,000 for S350d to ₹7,00,000 for a top-end Mercedes-Maybach S580.

Drive Safe,
350Z

 

[Nairrk]

Jeep India to increase prices of its SUVs from January 1, 2023

Jeep India has announced that it will increase prices across by 2-4 per cent on all Jeep models including the recently launched Jeep Grand Cherokee. The revised prices will come into effect from January 1, 2023.

 

[Nairrk]

Tata Motors to hike car prices in January 2023

Tata Motors is set to increase passenger car pricing starting next month. According to Shailesh Chandra, Tata Motors’ Managing Director for Passenger Vehicles and Electric Vehicles, the updated rates should lessen the effects of commodity costs, which have been high for most of the current year.

While speaking to media, Chandra stated,

The regulatory change will have its impact on the cost. Even the real impact of softening of commodity prices is only going to come from next quarter and we still have the residual impact of the commodity escalation that we have seen during the year. So we are evaluating a price increase basis some of the residual effect that is left as far as the commodity prices are concerned. Battery prices and new regulations have also impacted the EV side. We are exploring potential price increase next month because of these factors for both ICE and EVs.​

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[350Z]

Volkswagen has also announced price hike across its entire model range w.e.f Jan 2023. The percentage of increase isn’t specified but the reason is attributed to rising commodity prices and upcoming regulatory changes.

Drive Safe,
350Z

 

[Nairrk]

Lexus India hikes prices across its range by upto 3.2%

Lexus India has announced that it has hiked the prices of all its cars. The company will be increasing the prices of its hybrid electric models - LC 500h, LS 500h, NX 350h and ES 300h, by upto 3.2 per cent due to increased input cost and impact of forex fluctuations. This change comes into effect from January 1, 2023.

Naveen Soni, President of Lexus India said, “This price hike is affected due to rising input costs & currency fluctuations. While Lexus India will continue to provide unmatched experiences through the Lexus life program, it has kept the price hike impact as minimal as possible for its discerning guests.”
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[Nairrk]

Maruti Suzuki hikes vehicle prices by 1.1% across models

Maruti Suzuki India on Monday said it has hiked prices of its vehicles across models by about 1.1 per cent. This is the second price hike that the carmaker is undertaking in the ongoing fiscal year, after increasing it in April 2022.

In December last year, the company had said it would hike prices of its vehicles to offset the impact of rising input costs and make provisions to update the model range to conform to stricter emission norms which will kick in from April 2023.

"An estimated weighted average of increase across models stands at around 1.1 per cent. This indicative figure is calculated using ex-showroom prices of models in Delhi and will come into effect from January 16, 2023," Maruti Suzuki India said in a regulatory filing.

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[Nairrk]

Mahindra Scorpio-N price increased by Rs. 1 lakh

Mahindra has increased the prices of the Scorpio-N. The new version of the ladder-on-frame Scorpio is now dearer by Rs 15,000- Rs 1.01 lakh. The new prices with the hikes across the entire range of Scorpio-N are now into effect from today.

Starting with the petrol-powered variants of Scorpio-N, the price hike introduced ranges between Rs 15,000-Rs 75,000. The highest price hike has been faced by Z2 MT, Z2 E MT, Z4 MT, Z4 E MT and Z4 AT, all of which are now more expensive by Rs 75,000. The Z8 MT and Z8 AT are Rs 65,000 pricier than before, the Z8 L MT is more expensive by up to Rs 55,000. The last price hike of Rs 15,000 is applicable on the Z8 L AT variant.

For the diesel-powered variants of the Mahindra Scorpio-N, the Z2 MT, Z2 E MT, Z4 MT, Z4 E MT, Z4 AT, Z4 MT 4WD and Z4 E MT 4WD are dearer by Rs 75,000. Both petrol and automatic versions of the Z6 and Z8 variants are pricier by Rs 65,000, and the same goes for the Z8 AT 4WD. The Z8 MT 4WD has received the biggest price hike of Rs 1.01 lakh in the entire range of Scorpio-N. The Z8 L MT rear-wheel drive and four-wheel drive versions are more expensive by Rs 55,000, the Z8 L AT RWD and Z8 L AT 4WD have received the smallest price hike of Rs 15,000.
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[350Z]

Tata Motors will increase prices of its internal combustion engine (ICE) models w.e.f 1st February 2023 in the range of 1.2%, depending on the variant and model.

Drive Safe,
350Z