With the beginning of the new year 2026, people planning to buy a car in India may have to spend a little more. In fact, many big auto companies have indicated that vehicle prices may increase from January 2026. This will have a direct impact on those customers who are waiting to buy a new car or bike. Companies say that due to rising costs it has become necessary to increase prices, otherwise it will be difficult to maintain profits.
Raw material prices became a major reason
- The prices of raw materials used in making cars like copper, aluminum and some special metals have increased rapidly in recent months. These metals are used in car engines, electronic systems and other important parts. Since most of these metals are imported from abroad, when the dollar becomes expensive, the costs of the companies increase further. Recently, the value of rupee has further weakened against the dollar, due to which importing has become expensive.
How much can prices increase?
- Market experts believe that companies usually change prices at the beginning of the year. This time too, the price of some cars may increase by about two to three percent. Although there are many brands present in the market, it will not be easy for the companies to grow too much. Nevertheless, due to good demand and strong bookings, companies are confident that customers will continue to buy cars even after the price increase.
Which companies have announced?
- Some companies have already made it clear that they will implement new prices from January. JSW MG Motor India has said that all its models will be costlier by about two percent. Mercedes-Benz India has also announced to increase the prices of all its models. BMW Motorrad India has talked about increasing the prices of its motorcycles. Apart from this, electric scooter manufacturing company Ather Energy is also going to increase the prices of all its models.
Two-wheelers and electric vehicles will also not be saved.
- Not only cars, but also bikes and electric scooters can be expensive. The main reasons for this are the rising prices of electronic parts and fluctuations in foreign exchange. In the coming time, other companies may also decide to increase prices, so if you are thinking of buying a vehicle, it may be beneficial to take a timely decision.
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