Hyundai Motor India Limited (HMIL) has announced a price increase of up to 3% across its model lineup, effective from April 2025. The automaker attributed the hike to rising input costs, increased commodity prices, and higher operational expenses. The exact increase will vary depending on the model and variant.
Mr. Tarun Garg, Whole-time Director and Chief Operating Officer of HMIL, stated, “At Hyundai Motor India Limited, we strive to absorb rising costs to the extent possible, ensuring minimal impact on our customers. However, with the sustained increase in operational expenses, it has now become imperative to pass on a part of this cost escalation through a minor price adjustment. The price increase will be effective in April 2025. We remain committed to making consistent internal efforts to minimise any future impact on our valued customers.”
Hyundai remains committed to optimizing internal efficiencies to minimize future price hikes while ensuring its vehicles continue to offer value to customers. This price revision follows similar moves by other automakers.
