Hyundai Motor India to implement planned car price hikes from June (updated)

Hyundai Motor India

27/05/2026 11:01

Recasts; adds details throughout
May 27 (Reuters) - Hyundai Motor India HYUN.NS on Wednesday said its previously announced car price hikes will now take effect from June 1, citing prevailing market conditions after holding off on a planned May increase.
The automaker will raise prices by up to 12,800 rupees ($133.71), depending on the model and variant.
"The price increase has been necessitated due to rising input costs, increased commodity prices and higher operational expenses, amongst other reasons," the company said in a statement.
The Middle East conflict has disrupted global trade routes and energy markets, driving up prices of key inputs and pressing companies to pass on higher costs to customers.
Earlier this month, state-run suppliers raised petrol and diesel prices in response to the Iran war.
Hyundai Motor India joins peers Maruti Suzuki MRTI.NS, Tata Motors Passenger Vehicles TAMO.NS and Mahindra & Mahindra MAHM.NS, which have all announced price hikes earlier.
Maruti Suzuki said its increase was due to inflationary pressures and an adverse cost environment. 
     
($1 = 95.7300 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru; Editing by Janane Venkatraman)
 ((aleefjahan.cs@thomsonreuters.com;))