Hyundai cars will become costlier by up to 3 percent from April onwards.
Rising input costs, increased commodity prices and higher operational expenses were some of the reasons cited by the automaker.
Hyundai Motor India Limited (HMIL) announced today that it will increase prices across its vehicle lineup by up to 3% beginning next month.
Hyundai cited that owing to rising input costs, increased commodity prices, and higher operational expenses are among other reasons behind the price rise.
Moreover, The extent of the price hike will vary depending on the model and variant.
“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,” said Tarun Garg, Whole-time Director and Chief Operating Officer, HMIL.
Hyundai Motor India Limited (HMIL) achieved total monthly sales of 58,727 units in February 2025. This figure includes 47,727 units sold domestically and 11,000 units exported. HMIL’s exports remained strong, showing a 6.8% year-on-year increase in February 2025.