Maruti Suzuki Car Price Increased: The country's number one car company Maruti Suzuki has given a shock to its customers. Maruti has announced to increase the price of cars from January 2025. Maruti Suzuki has increased the price of its cars by 4 percent from January 2025. Maruti Suzuki has officially informed the stock exchange about this.

Maruti shares rose

As soon as this news came, Maruti's shares saw a huge jump and it has come straight to Rs 11,270 per share. Maruti Suzuki's shares are seeing a jump of Rs 105.85 or about one percent and its market cap has come straight to Rs 3.54 lakh crore. 

What was the reason given by the company for increasing the price

In view of rising input costs and operational costs, the company plans to increase the prices of its cars from the end of January 2025. The price is expected to increase by up to 4 percent and will vary depending on the model. However, the company has also said that it constantly tries to optimize costs and minimize the impact on its customers, but some part of the increased cost may need to be passed on to the market, due to which this decision has been taken.

RBI's latest decision today can also have an impact

Today, the Reserve Bank has reduced the cash reserve ratio for banks and reduced it from 4.5 percent to 4 percent. Due to this, banks will have extra cash, due to which they will be equipped with more funds and will be able to give more loans. Banks will have more capital for home loans, car loans etc. and this will also affect the people taking car loans, due to which the number of auto loans will increase and Maruti Suzuki will also get its benefit.