Hyundai Motor India said on Wednesday it will increase vehicle prices by up to 1% across its portfolio from September this year, with the extent of the hike varying by model and variant.
The company attributed the increase to rising input and commodity costs, higher operational expenses, and continuing geopolitical and macroeconomic uncertainties.
Hyundai said it has been attempting to absorb cost increases and optimize expenses but is now passing on part of the burden to customers through a marginal price revision.
The latest increase marks Hyundai’s third price hike announcement of 2026. The automaker raised prices by 0.6% from January 1 and in April announced a further increase of up to 1% effective May. That increase was later implemented from June 1, with prices rising by up to 12,800 rupees ($133.68) depending on the model and variant.
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India’s automakers have increasingly raised prices this year as cost pressures persist. Maruti Suzuki has announced two portfolio-wide price increases in recent months, while Tata Motors Passenger Vehicles has also raised prices.
Automakers have pointed to inflationary pressures, higher commodity prices, elevated operating costs and disruptions to global trade routes and energy markets stemming from geopolitical tensions as factors weighing on costs.
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