Hyundai Motor India to Raise Vehicle Prices by Up to 1% from May 2026
Hyundai Motor India Ltd (HMIL) on Wednesday announced a price hike of up to 1 per cent across its vehicle portfolio, effective May 2026. The decision, disclosed through a regulatory filing, comes in response to rising input costs impacting the automobile sector. The increase will apply across models, though the exact revision will vary depending on specific variants and offerings.
The company attributed the price adjustment to a combination of cost escalations, which have put pressure on overall production expenses. Despite efforts to manage and absorb these rising costs internally, HMIL stated that the current economic conditions have made it necessary to pass on a portion of the burden to customers.
Reiterating its customer-first approach, the automaker emphasized that it has consistently attempted to shield buyers from frequent price fluctuations. However, it noted that the marginal hike has become unavoidable in light of persistent increases in input costs, making this a measured and necessary step.
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