Automakers in india have already hiked the prices of their vehicles several times this year. In this situation, as the new year is about to be born, many automobile companies are planning to increase their vehicle prices. So, in 2023, the prices of various vehicles may have become more expensive than in the current year. So, this is the right time for those who are planning to buy a vehicle. This may increase the prices depending on the models of the vehicles from january onwards. Amidst the ongoing global crisis, the prices of capital goods have increased significantly. Due to this, the cost of vehicle production has also increased. This has led to further increases in prices. Also, from april 2023, heavy cargo vehicles and heavy passenger vehicles should be inspected through automatic testing stations and Fitness Certificates should be obtained, the central government has said. It looks like this feature could be rolled out to all vehicles gradually.
Meanwhile, there are reports that many companies like maruti Suzuki, hyundai, Tata Motors, mercedes-benz, audi, Renault, Kia india, and MG Motors are planning to increase their prices. In an interview with PTI, Kunal Behl, Vice President of honda Cars india, said that the cost of raw materials has been increasing continuously. .jpg)
Due to this, the price will be revised from january 23. The revision is expected to be up to Rs 30,000. It will be according to the model of the cars, he said. honda, the famous Japanese car manufacturer, has announced that it may increase the price of its vehicles by Rs 30,000 depending on the vehicle model. hyundai india is also expected to increase the price of its vehicles depending on its models. It seems that there may be a price increase from january 2023. 
Jeep SUV prices may increase by 2-4%.Maruti Suzuki has hiked vehicle prices more than once this year, amid its spending spree. This price increase is expected to continue in 2023. It said in a filing to the stock exchange that it is forced to take price action to keep costs under control. Tata Motors, one of India's leading automobile companies, plans to increase the prices of its ICE and electric vehicles. The same Kia india is planning to increase the price of its vehicles by up to Rs 50,000 from january 2023. Luxury car giant mercedes-benz plans to increase its vehicle prices by up to 5%. MG Motor is also expected to increase the price of its SUV by Rs 90,000. It seems that audi india may increase the prices of its luxury cars by up to 1.7% from january 2023.
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