Hyundai ExterHyundai Motor India on Wednesday said it will increase prices of its cars by up to 1 per cent across its portfolio, effective May 2026, citing rising input costs.
The company said the price revision is being undertaken due to a combination of cost escalations, adding that the quantum of increase will vary depending on the model and variant.
“The Company has planned to increase the prices of its Cars up to 1 per cent across the portfolio, effective May 2026. The price revision is attributed to a combination of various cost escalations,” Hyundai Motor India said.
The company added that it has sought to absorb rising costs to shield customers from frequent price fluctuations. However, it said continued escalation in input costs has made it necessary to pass on part of the impact through a marginal revision.
Hyundai’s price hike announcement comes as several automakers have initiated similar revisions, citing sustained cost pressures and commodity price volatility.
This is Hyundai India’s second hike this calendar year. Hyundai Motor India announced a weighted-average price hike of about 0.6 per cent across its entire model range, effective January 1, 2026.
Leading passenger vehicle makers, including Maruti Suzuki, Tata Motors and Mahindra & Mahindra, have also announced price hikes in recent months, while premium manufacturers such as Mercedes-Benz and BMW have periodically raised prices to offset higher input and logistics costs.
The recent price hikes follow cuts in September 2025 due to GST rationalisation and align with hikes by competitors like Renault (up to 2 per cent), Mercedes-Benz, JSW MG Motor, and Nissan (2-3 per cent) starting January 2026.
