Hyundai Motor India to Hike Car Prices from June 1
Hyundai Motor India revealed that it will raise car prices by up to Rs 12,800 from June 1, due to increasing input costs and higher commodity prices, among other factors.
In April 2026, the company stated that car prices would increase by up to one percent starting in May 2026. Nevertheless, the choice to raise the prices has been postponed to June 2026.
Also Read: Adani Green to Develop Storage Project in Andhra Pradesh
“The extent of price increase is up to a maximum of Rs 12,800 and it will vary depending on the model and variant,” the company said.
This will mark the second increase in prices for Hyundai vehicles in the current calendar year (CY). The firm implemented a weighted average price increase of approximately 0.6 percent in January 2026.
Hyundai linked the rise to increased input costs, climbing commodity prices, and higher operational costs.
The company stated that it has been working to reduce costs and lessen the impact on customers, but it noted that it had to transfer some of the rising costs to the market through a “small price increase.”
Also Read: Devyani International Freezes New Pizza Hut Stores in FY27
The announcement follows shortly after Maruti Suzuki India indicated that it would increase prices on its entire vehicle lineup by as much as Rs 30,000 starting June 2026, citing ongoing rises in input costs and inflationary challenges.
Maruti Suzuki stated that it has been implementing ongoing cost-cutting strategies in recent months to lessen the effects of escalating expenses and alleviate the pressure on customers, but acknowledged that some of the higher costs would need to be transferred to the market.
The actions taken by both car manufacturers illustrate ongoing pricing challenges in the automotive industry, as producers face increased costs of raw materials, commodities, and logistics while striving to maintain profit margins.
Although Hyundai aims to reduce the effect on its customers, the company recognizes the necessity of enacting this small price hike.
The modification seeks to guarantee the continuity of operations without sacrificing the quality and value provided to customers.
Also Read: Waaree Energies Unit Bags Green Hydrogen Project in Karnataka
Hyundai Motor India's choice to boost prices indicates the present market environment and the difficulties encountered by the automotive industry. The organization is dedicated to providing high-quality goods while managing the challenges of increased expenses.