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Hyundai Motor India to raise car prices by up to 1% from September

Hyundai Motor India said on Wednesday it will increase vehicle prices by up to 1% across its portfolio from September this year, with the extent of the hike varying by model and variant. The company attributed the increase to rising input and commodity costs, higher operational expenses, and continuing geopolitical and macroeconomic uncertainties. Hyundai said it has been attempting to absorb…

Hyundai Motor India to raise car prices by up to 1% from September

Hyundai Motor India announced on Wednesday that it will raise vehicle prices by up to 1% starting from September, according to a spokesperson for the company. The price hike will vary depending on the specific model and variant of the car. The decision to raise prices stems from escalating input and commodity costs, increased operational expenses, and ongoing geopolitical and macroeconomic uncertainties.

Hyundai has been striving to absorb the cost increases and optimize expenses internally; however, it has now decided to pass on a portion of these additional costs to customers through a modest price revision. This marks Hyundai's third price increase in 2026. The company previously raised prices by 0.6% on January 1 and further increased them by up to 1% effective from May 1, with the final adjustment implemented from June 1.

The price increase ranged from approximately 12,800 rupees ($133.68) depending on the specific model and variant.

India's automakers have been raising prices more frequently this year due to persistent cost pressures. Maruti Suzuki and Tata Motors Passenger Vehicles have also announced price increases in recent months. The automakers have cited factors such as inflationary pressures, higher commodity prices, elevated operating costs, and disruptions to global trade routes and energy markets resulting from geopolitical tensions as the primary drivers behind the cost increases.

Written by urgent.news from Business Recorder's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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