Hyundai Motor India to increase car prices up to 1% effective May 2026
Car prices are set to rise by up to one percent starting May 2026. This adjustment is a result of increasing costs for various components. The company has worked to absorb these rising expenses. However, the significant escalation in input costs h...
By ET Online | Updated:
Hyundai Motor India on Wednesday announced that it has planned to increase the prices of its cars up to 1% across the portfolio, effective May 2026.
"The price revision is attributed to a combination of various cost escalations. The quantum of increase will vary basis the variants and models. The Company’s endeavor is always to absorb rising costs to safeguard our customer from price fluctuations. However, the escalating input costs, have necessitated to pass on a part of this impact through a marginal price revision," said the auto major in a stock exchange filing.
Recently, Hyundai Motor India announced its quarterly sales of 2,08,275 units for Q4 FY26 with an 8.7% annual growth. The carmaker recorded its highest ever quarterly domestic sales of 1,66,578 units during the period, with 8.5% Year-on-Year growth.
The Q4 sales statistics includes exports of 41,697 units with a 9.4% YoY growth.
The South Korean automaker reported total monthly sales of 69,004 units in March 2026 with a YoY growth of 2.5%. It recorded the highest-ever domestic sales for the month of March, with 55,064 units in March 2026 with 6.3% YoY growth.
"The price revision is attributed to a combination of various cost escalations. The quantum of increase will vary basis the variants and models. The Company’s endeavor is always to absorb rising costs to safeguard our customer from price fluctuations. However, the escalating input costs, have necessitated to pass on a part of this impact through a marginal price revision," said the auto major in a stock exchange filing.
Recently, Hyundai Motor India announced its quarterly sales of 2,08,275 units for Q4 FY26 with an 8.7% annual growth. The carmaker recorded its highest ever quarterly domestic sales of 1,66,578 units during the period, with 8.5% Year-on-Year growth.
The Q4 sales statistics includes exports of 41,697 units with a 9.4% YoY growth.
The South Korean automaker reported total monthly sales of 69,004 units in March 2026 with a YoY growth of 2.5%. It recorded the highest-ever domestic sales for the month of March, with 55,064 units in March 2026 with 6.3% YoY growth.
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