Hyundai Cars to Get Costlier From September as Automaker Hikes Prices by up to 1%
HMIL said the increase will vary by model and variant as it passes on rising input and operating costs to customers.
- On Wednesday, Hyundai Motor India Ltd announced it will increase vehicle prices by up to 1% across its portfolio, effective September 2026, citing rising input costs and geopolitical uncertainties.
- This marks the automaker's third price hike in 2026 as automakers grapple with elevated operating costs and global trade disruptions stemming from geopolitical tensions throughout the year.
- HMIL stated it continues to "make every endeavour to optimise costs and absorb cost escalations to minimise the impact on customers." However, persistent cost pressures necessitated passing some burden to consumers.
- Competitors face similar pressures, with Maruti Suzuki announcing two portfolio-wide price increases in recent months. Tata Motors Passenger Vehicles has also raised prices this year as Indian automakers manage inflationary pressures.
- Currently, the company sells vehicles in India ranging from the entry-level Grandi10 NIOS to the electric SUV IONIQ 5, with prices spanning 5.6 lakh to 55.7 lakh depending on variant.
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Hyundai Motor India to raise car prices by up to 1% from September
Hyundai Motors to Raise Vehicle Prices by Up to 1% from September Amid Cost Pressures
Get latest articles and stories on Business at LatestLY. The company said the exact quantum of the increase will vary depending on the model and variant. Hyundai said the price revision has been necessitated by a combination of cost pressures and external uncertainties. Business News | Hyundai Motors to Raise Vehicle Prices by Up to 1% from September Amid Cost Pressures.
The Economic Times
Times of IndiaHyundai cars to get costlier from September as automaker hikes prices by up to 1%
Hyundai Motor India will implement a price increase of up to one percent. This adjustment will affect all vehicles across its extensive portfolio. The automaker cited rising input and commodity costs as the primary reason. Continuing geopolitical and macroeconomic uncertainties also contributed to this decision. The price revision is scheduled to take effect in September 2026.
Hyundai Motor India to hike vehicle prices by up to 1% from September
New Delhi: South Korean auto major Hyundai Motor India Limited on Wednesday announced that it will increase vehicle prices by up to 1 per cent across its portfolio, effective September 2026, citing rising input and commodity costs, higher operational expenses and continuing geopolitical and macroeconomic uncertainties. According to a stock exchange filing, the quantum of the price increase will vary depending on the model and variant. "The comp…
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