Buying a new car or SUV in India will become more expensive from January 1, 2026, as multiple automobile manufacturers have announced price increases across their model ranges. The hikes will affect luxury vehicles, mass-market cars, SUVs, and electric vehicles.
Mercedes-Benz India has confirmed a price hike of up to 2%, effective January 2026. The company stated that the increase is driven by foreign exchange pressure and will impact its luxury vehicle lineup.
BMW India will raise prices by up to 3% from January 1, 2026. The hike will apply across its sedan, SUV, and performance car portfolio in India.
JSW MG Motor India has announced a price increase of up to 2% across its internal combustion engine (ICE) and electric vehicle (EV) range, effective January 1, 2026.
BYD India has confirmed a price increase for its Sealion 7 electric SUV starting January 1, 2026. The company has not disclosed the exact percentage of the hike.
Nissan Motor India will increase vehicle prices by up to 3% across its India lineup from January 1, 2026.
Renault India has announced a price hike of up to 2% across its entire model range starting January 2026.
Hyundai Motor India Ltd will implement a price increase of around 0.6% across its model range, effective January 1, 2026.