Hyundai Motor to increase prices across models from January 1, 2025

Hyundai Motor on Thursday announced that it would increase prices across model range effective from January 1, 2025.

The move comes because of an increase in input costs, adverse exchange rate and increase in logistics costs, said the carmaker in an exchange release.

Commenting on the development, Tarun Garg, Whole-time Director and Chief Operating Officer, HMIL, said, “At Hyundai Motor India Limited, our endeavor is always to absorb rising costs to the extent possible, ensuring minimal impact on our customers. However, with the sustained increase in input cost, it has now become imperative to pass on a part of this cost escalation through a minor price adjustment.

By how much will the prices be increase?

Garg said that the prices will be increased up to Rs 25,000 across all models from January 1, 2025 on all MY25 models.