Car Price Hike: With the beginning of the new year in the country, many big auto companies have announced to increase in the price of their vehicles, so if you are planning to buy a car in the coming year, then know that you will get more money. may have to pay. From Audi Mercedes to Maruti, Tata, Hyundai and Honda, many other companies are increasing the prices of their vehicles from January 2023. Many reasons are being told behind this. The increased cost is being passed on to the customers due to an increase in input cost and necessary steps to comply with the stricter emission norms coming from April 2023. Let’s see which vehicles will be expensive to buy.
Maruti will make its vehicles costlier from the new year. These will be different increments for all models. Although the company has not yet told how much the prices of which vehicles will increase. In a regulatory filing, the company said that it is under pressure to meet inflation and recent regulatory requirements. In such a situation, it has become necessary to increase the prices of vehicles. Alto, Alto K10, Ignis, WagonR, Celerio, S-Presso, Swift, Eeco, Dzire, Brezza, Ciaz, Ertiga, XL6 and Grand Vitara are some of the bestselling vehicles of Maruti, whose prices may go up.
Prices of Hyundai vehicles will increase
Hyundai has said that to partially reduce the impact of rising input costs, the company is going to increase the prices of its vehicles from next month. The new prices for the model range will be applicable from January 2023
Maruti will make its vehicles costlier from the new year. These will be different increments for all models. Although the company has not yet told how much the prices of which vehicles will increase. In a regulatory filing, the company said that it is under pressure to meet inflation and recent regulatory requirements. In such a situation, it has become necessary to increase the prices of vehicles. Alto, Alto K10, Ignis, WagonR, Celerio, S-Presso, Swift, Eeco, Dzire, Brezza, Ciaz, Ertiga, XL6 and Grand Vitara are some of the bestselling vehicles of Maruti, whose prices may go up.
Tata Motors has also announced
Tata Motors has recently announced to increase in the price of its commercial vehicles from January 2, 2023, in the new year. Now customers will have to pay 2 per cent more for the company’s vehicles. The price hike will vary from model to variant and will be applicable across the entire range of commercial vehicles.
Honda will also increase the price
Japanese car company Honda Cars are going to increase the prices of cars from January 2023. In the new year, the prices of the entire model of the company are going to increase by up to 30 thousand rupees. This increase will be according to different models.
Price of KIA vehicles will increase
In the last few years, KIA has made its place in the auto sector. The company is currently the fifth-largest carmaker in India. After December 31, 2022, the company’s cars can be expensive by up to Rs 50,000. KIA is known for its vehicles like Sonet, Seltos and Carens.
Some other companies announced
Jeep has announced the price hike this week. The newly launched Grand Cherokee along with the company’s Compass, Wrangler, and Meridian are likely to become expensive by 2 to 4 per cent. The prices of popular Renault vehicles like Kwid, Kiger and Triber may also increase. The price range of Citroën’s C3 and C5 will also increase.
About The Author
More Stories
India tops Japan to become world’s 3rd largest auto market
New MG Hector revealed in India; prices to be announced on 11 January
Mumbai’s upcoming double decker EV bus to be shown at Auto Expo