Will Car Prices Drop In 2024 In India 2024. As the new year looms right around the corner, automobile manufacturers have begun announcing their annual price hike, which is set to come into effect from january 2024. From january 2024, car buyers will have to dig deeper into their pockets for their new ride.

From april 1, 2023, indian carmakers like kia and honda will increase vehicle prices due to surging input costs, signalling a market recalibration. Are we going to see heavy discounting by maruti suzuki as well because we were hearing that this is just the start of the discount period and discounts across the car.