Hyundai officially announced on Wednesday that it will increase the prices of all its vehicles in India. After this decision, your favorite Hyundai car could become costlier by up to ₹12,800. The price hike is expected to affect several popular models, including the Creta, Venue, i20, and Exter. If you are planning to buy any of these cars soon, this update may directly impact your budget and overall buying cost. Hyundai’s latest move comes shortly after Maruti Suzuki also announced a price increase. Rising manufacturing and operational expenses are believed to be the main reason behind the company’s decision to raise vehicle prices.
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Hyundai Motor Announcement
Hyundai Motor India has officially announced that the new car prices will come into effect across the country from June 1, 2026. The company also clarified that the price increase will not be the same for every vehicle. The revised prices will depend on the car model, engine type, and variant selected by customers. According to Hyundai, the maximum increase can go up to ₹12,800 on certain models. However, entry-level cars and smaller variants may see a lower price hike compared to premium models. Customers planning to buy a Hyundai car soon may now have to spend more than before.
Increasing Prices of Hyundai Car
Hyundai’s decision to increase car prices did not come as a surprise. Earlier, on April 8, 2026, the company had already hinted at this move in a regulatory filing. At that time, Hyundai stated that rising input and operational costs were putting pressure on the company, forcing it to revise vehicle prices. The carmaker had announced that prices of all Hyundai vehicles could go up by around 1 percent from the following month. The official announcement made on Wednesday is now being seen as the next step in that earlier plan. Customers across India may soon have to pay more for Hyundai cars.
Rising Production and Business Cost
Hyundai explained that the decision to increase car prices was taken because of rising production and business costs in the market. The company said that prices of important raw materials are continuously increasing, which is putting pressure on automobile manufacturers. Hyundai also mentioned that the cost of commodities like steel and aluminium has gone up sharply in recent months. Along with this, the company’s day-to-day operational expenses have also increased significantly. Due to these reasons, Hyundai was forced to revise the prices of its vehicles across India. The company believes the price hike is necessary to manage rising costs and maintain smooth operations.
