Indian Cars Price Hike News & Updates


350Z

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This isn’t about car price hike but sharing in this topic nonetheless. Michelin will increase tyre prices by upto 8% across India, Africa & Middle East w.e.f March 2021 due to increase in raw material and transportation cost.

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Nissan Magnite Turbo Variants Receives Price Hike Of ₹ 30,000

Nissan India has silently increased prices of the Magnite subcompact SUV across India by ₹ 30,000. This is the second instance when the Japanese have hiked the prices of its first subcompact SUV. Previously, the base variant prices of the SUV went up by ₹ 50,000 and now the turbo-petrol models have witnessed an upward revision. Nissan's latest offering went on sale in the country last month, with an introductory price of ₹ 4.99 lakh (ex-showroom, Delhi). The turbo-petrol variants are now priced in between ₹ 7.29 lakh and ₹ 9.75 lakh (ex-showroom, Delhi).

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Akash1886

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Nissan India to increase prices from April 2021

NEW DELHI, India (March 23, 2021):
Nissan India has announced a price hike across all available models for Nissan and Datsun, effective from 1st April 2021.

”There has been continuous escalation in auto component prices, and we have tried to absorb this escalation over the last few months. We are now constrained to increase our prices across all Nissan & Datsun models, the increase varies from variant to variant, while still offering the best value proposition to its discerning Indian customers.” said Rakesh Srivastava, Managing Director, Nissan Motor India Pvt Ltd.

The all-new Nissan Magnite is currently available for bookings across all Nissan India dealerships and on its website, NISSAN, at INR 11,000 with a complete digital experience that awaits each customer to ease their buying process. It is available in 20 grade line-ups and over 36 combinations, each grade walk is carefully curated to meet the aspirations of the discerning Indian customers.

Fitted with one of the most powerful engines in the segment, the Nissan KICKS is available in 1.5L naturally aspirated & 1.3L Turbo petrol engine option in MT & CVT variants. The Datsun redi-GO is available in 0.8L & 1.0L engine option in MT & AMT variants, whilst the Datsun GO is available in 1.2L engine option with MT & CVT. The Datsun GO+ is available in 1.2L engine with MT & CVT options.
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350Z

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Toyota Kirloskar has issued a statement about price hike w.e.f 1st April 2021:​

TKM today indicated that the company will realign the prices of its models, with effect from 1st April 2021. This increase is necessitated to offset the substantial increase in input costs. During such testing times, it has been our endeavor to absorb cost increases through our internal efforts, and only a minimal portion will be reflected onto the prices. As a customer-centric company, we reinforce our commitment to cater to the ever-evolving needs of our customers by consciously minimizing the impact of rising costs on consumers.
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Maruti Suzuki Increases Prices Of Select Models By 1.6% From April 2021

Maruti Suzuki has officially announced an upwards revision of up to 1.6 per cent in prices for select models in its line-up. The Indo-Japanese carmaker has stated that the price hike is mainly due to an increase in various input costs, and the revised prices will be effective from today, April 16, 2021, onwards. The amount will vary for different models.

This is the second time that Maruti Suzuki India has increased vehicle prices this year. Earlier in January 2021, the company had increased prices for select models by up to ₹ 34,000, sighting the same reason for increasing input costs. This time around the price hike will be as high as around up to ₹ 20,000 depending on the model and variant.

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Hyundai Creta Prices Increased Again – New Price List April 2021

rices of India’s best selling SUV has been increased once again. The latest price hike, which goes into effect immediately, is of up to Rs 19,600 for diesel variants and up to Rs 13,600 for petrol variants. Earlier price hike of Creta came in Jan 2021, and before that it came in October 2020. In comparison to Oct 2020 prices of Creta, it is now more expensive by up to Rs 60k. Below are the latest prices of Creta variants.

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Volvo India has announced price hike w.e.f 3rd May 2021 citing increased production cost, volatile forex situation and impact of COVID-19 on routine business setup:​
Mr. Jyoti Malhotra, Managing Director, Volvo Car India “Our commitment to the Indian market and our customers is reflected in the fact that while the Indian auto industry went through price escalation across the spectrum, we at Volvo Cars maintained the prices of all our products for three years since 2018. We are however now faced with a situation where rising input costs leave us with no other option but to share some of these costs with the customer. We may have to relook at the prices and take further increase later in the year, depending on how input costs develop. As an organization focused on safety, we will continue to keep our promise towards our customers and prioritize their safety & well-being."
Following are the revised Ex.Showroom Prices:
  • Volvo S90 D4 Inscription: Rs.60,90,000
  • Volvo XC40 T4 R Design: Rs.41,25,000
  • Volvo XC60 D5 Inscription: Rs.60,90,000
  • Volvo XC90 D5 Inscription: Rs.88,90,000
Price of New Volvo S60 remains unaffected (Rs.45,90,000)

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Renault Kiger Subcompact SUV Gets A Price Hike Of Up To ₹ 33,000

Renault India has discreetly increased prices of the Kiger subcompact SUV which ranges from ₹ 3,000 to ₹ 33,000, depending on the variant. The French automaker has updated the new prices of the SUV on its official website. We have reached out to the company for an official statement, however, at the time of publishing this story, our email sent to Renault remained unanswered. The SUV was launched in the Indian market in February at a starting price of ₹ 5.45 lakh, going up to ₹ 9.55 lakh (ex-showroom, Delhi).

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Tata Motors To Increase Prices Across Range; Customers Who Book Cars Till Today Will Benefit From Price Protection

Indian automaker Tata Motors will be increasing prices across its passenger vehicles in the country from May 8, 2021, the company said in a statement. The quantum of the price hike will average about 1.8 per cent, depending on the model and variant. That being said, customers who booked Tata cars on or before May 7 this year will be protected from the price increase, the automaker confirmed. The price hike is a part of Tata's 'Business Agility Plan' to protect and serve the interests of its customers, dealers and suppliers.

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