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In April 2025, Hyundai Motor India Limited (HMIL) plans to raise the prices of all of its vehicles by up to 3%. Higher operating costs, rising commodity prices, and growing input costs all contributed to the decision. Depending on the model and variant, the price increase will vary in magnitude.
The Official Hyundai Statement Regarding the Price Change
“At Hyundai Motor India Limited, we strive to absorb rising costs to the extent possible, ensuring minimal impact on our customers,” said Tarun Garg, HMIL’s Chief Operating Officer and Whole-time Director, in response to the price rise. The ongoing rise in operating costs, however, has made it necessary to pass along a portion of these costs through a small price change. Beginning in April 2025, the price rise will be in effect. We are steadfast in our resolve to minimize any potential negative effects on our esteemed clients through constant internal efforts.
Price Increases Across the Industry for Automakers
Hyundai is not alone in raising prices; nearly all of India’s top automakers, including Maruti Suzuki, Tata Motors, Mahindra, Kia, and Honda, have done so with effect from April 2025. Manufacturers have been forced to modify prices in order to maintain profitability due to rising input costs, supply chain issues, and increased operating expenses. Read more »
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