India’s largest carmaker, Maruti Suzuki, announced it will raise prices across all models by up to Rs 30,000 starting in June 2026. The company said that ongoing inflation and high input costs as reasons for this decision.
This will be the latest price hike in 2026, following earlier adjustments in January and a postponed increase after GST cuts in late 2025. The increase will differ by model and comes even though Maruti has tried to manage costs through efficiency measures.
Maruti Suzuki car price raise by 30,000
Petrol and diesel prices rose twice in May 2026, totaling around Rs 4 per litre. This happened after global crude oil prices surged past $100 per barrel due to tensions between the US and Iran and disruptions near the Strait of Hormuz.
These hikes are the first significant price changes in years, increasing transport expenses for households, especially for owners of small cars. In Maharashtra, fears of supply disruptions have caused panic buying, although authorities have assured that fuel stocks are enough.
Global tensions and commodity costs squeeze automakers
The crisis in West Asia has pushed up global oil prices, raising costs for petroleum-based car parts, logistics, and energy. Automakers are also dealing with higher prices for steel, aluminum, and electronics, worsened by shipping disruptions and a weaker rupee.
Other manufacturers, including Hyundai, Tata Motors, and MG Motor, have already increased prices, and further hikes are expected as the industry struggles with declining profit margins.
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