Hyundai Motor India Ltd has announced a price increase across its vehicle portfolio, with the revised prices set to come into effect from June 1, 2026. The company said the hike would be up to a maximum of ₹12,800 and would vary depending on the model and variant.
In an exchange filing dated May 27, Hyundai said the price increase follows its earlier communication in April and has been driven by prevailing market conditions along with the need to maintain a balanced approach towards customer interests.
According to the company, the decision has been necessitated by rising input costs, increasing commodity prices and higher operational expenses. Hyundai noted that while it has continuously worked towards cost optimisation and minimising the impact on customers, a portion of the increased costs would need to be passed on to the market through this price revision.
The automaker said it remains focused on operational efficiency but added that maintaining sustainable business economics required a measured increase in prices.
The move comes as automobile manufacturers continue to face cost pressures arising from commodity prices and supply chain-related expenses, prompting several companies in the sector to undertake selective price revisions.
Disclaimer: This article is for informational purposes only and should not be construed as investment advice.