Hyundai Motor India to hike prices by up to 3% from April 2025
Hyundai Motor India will increase prices of its vehicles by up to 3% starting April 2025 due to rising input costs, commodity prices, and operational expenses. The hike will vary across different models and variants, with a commitment to minimal f...
The company said it announced the price increase owing to rising input cost, increased commodity prices and higher operational expenses, amongst other reasons. The quantum of price increase will vary basis the variants and models.
Tarun Garg, Whole-time Director and Chief Operating Officer, HMIL, said, “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”, Garg added.
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