- By Pawan Mishra
- Wed, 08 Apr 2026 02:59 PM (IST)
- Source:JND
Hyundai Car Price Hike: Hyundai, the South Korean car manufacturer, has announced a price hike across its entire portfolio in India from May 2026. The brand has shared that the exact impact of the price hike will vary depending on the model and variant. Notably, popular models such as the Hyundai Verna, Hyundai Creta, Hyundai Grand i10 Nios, Hyundai i20, and more sold by the brand in the country will become costlier due to the recently announced price hike.
Hyundai Price Hike: The Reason
The brand has announced a price hike of up to 1 per cent across its entire portfolio sold in the country. The brand has shared that the recently announced price hike is driven by rising input costs and escalations in other manufacturing-related costs. Notably, the 1 per cent price hike will not be uniform, and it will vary based on the variants of each model.
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Hyundai Price Hike & Automakers
The brand has further shared that it tried to absorb the rising costs to reduce the burden on consumers. However, the rising input costs have made a marginal price revision necessary, and thus, the brand will hike prices of its cars from May 2026. Notably, the electric cars offered by the brand will also get costlier from next month onwards. It is also worth noting that other car manufacturers, such as Tata, JSW MG Motor India, BMW, Audi, and Mercedes-Benz, also announced a price hike, which has taken effect from April 2026.
