Nissan MagniteSeveral carmakers have announced price hikes across their model portfolios effective January 1, 2026, citing rising raw material costs, higher logistics expenses and broader macroeconomic pressures. The revisions are expected to push up vehicle prices across segments, with buyers of entry-level cars, SUVs and luxury models likely to face higher acquisition costs in the new year.
While only a few manufacturers have formally announced price revisions so far, more carmakers are expected to follow in the coming days as the industry moves into its annual price reset cycle.
Mercedes-Benz India
Mercedes-Benz India said it will raise prices across its model range by up to 2 per cent, effective January 1, 2026. The luxury carmaker attributed the increase to continued currency fluctuations, rising input costs, inflationary pressures and higher transportation expenses. The company added that it absorbed part of the cost impact internally and passed on only a portion to customers.
JSW MG Motor India
JSW MG Motor India has announced a 2 per cent price hike across all its models from January 1, 2026. The company said the revision was necessary to partially offset higher manufacturing and supply chain costs amid challenging macroeconomic conditions.
The hike is expected to impact some of MG’s high-demand models, including the Windsor EV, which could see a price increase of up to ₹35,000, taking its starting ex-showroom price to around ₹14.25 lakh. The Comet EV is also likely to become costlier by about ₹20,000, with prices expected to start at approximately ₹7.7 lakh (ex-showroom). MG is expected to announce revised variant-wise pricing early next month. It remains unclear whether the recently launched Hector facelift will be included in the price revision.
Hyundai India
Hyundai Motor India Limited (HMIL) announced a weighted average price increase of around 0.6 per cent across its model range, effective January 1 2026, citing a sustained rise in the cost of precious metals and key commodities.
The company said it has consistently worked to optimise costs and improve operational efficiencies to limit the impact on customers. However, continued pressure on input costs has made it necessary to pass on a part of the burden through a modest price revision.
Nissan Motor India
Nissan Motor India has confirmed a price hike of up to 3 per cent across its range from January 1, 2026. The Japanese automaker currently sells only the Magnite subcompact SUV in India, priced between ₹5.62 lakh and ₹10.90 lakh (ex-showroom). Following the revision, prices are expected to range from around ₹5.79 lakh to ₹11.23 lakh (ex-showroom, approximate).
Nissan is also preparing a renewed push in India, with plans to introduce three all-new products over the next 16 months as part of a product-led strategy to rebuild its presence in the market.
Renault India
Renault India will increase prices across its model range by up to 2 per cent from January 2026, citing rising production costs and the prevailing economic environment.
The announcement comes ahead of the unveiling of the new-generation Duster on January 26, 2026. The SUV is expected to play a key role in Renault’s India strategy, reviving a nameplate that helped shape the compact SUV segment after its 2012 debut. Today, the segment accounts for nearly one-fourth of India’s passenger vehicle market.
The upcoming Duster will compete with models such as the Hyundai Creta, Kia Seltos, Maruti Suzuki Grand Vitara, Toyota Hyryder, MG Astor, Skoda Kushaq and Volkswagen Taigun.>
