Hyundai Motor India Announces Average 0.6% Price Hike Across Models Effective January 1, 2026

Hyundai Motor India Ltd has announced a price increase across its passenger vehicle range, effective January 1, 2026.  

The company said prices will rise by a weighted average of around 0.6%. The decision was communicated through a regulatory filing on Wednesday. 

Cost Pressures Behind the Decision 

The carmaker said the increase is linked to higher input costs, particularly for precious metals and other commodities used in vehicle manufacturing.  

Hyundai stated that it has been absorbing a part of these costs but will now pass on a portion to the market. The company did not specify the exact impact on individual models. 

Vehicles Covered 

Hyundai sells eight internal combustion engine models in India, including the Grand i10 Nios, i20, Aura, Verna, Exter, Venue, Creta and Alcazar.  

Its electric vehicle offerings include the Creta Electric and the Ioniq 5. The price hike will apply across this entire portfolio, covering both ICE and electric models. 

First Increase After GST-Led Cuts 

This will be Hyundai’s first price increase after the reductions announced in September following Goods and Services Tax (GST) rate rationalisation.  

Under GST 2.0, the Verna saw a price cut of ₹60,640, while the Tucson recorded the highest reduction of up to ₹2,40,303. The Tucson has since been discontinued in the Indian market. 

Usual Timing for Revisions 

Passenger vehicle makers in India typically revise prices twice a year, once in January and again in April. The upcoming hike falls in line with this pattern.  

Several manufacturers adjust prices at the start of the calendar year to factor in changes in costs and operating conditions. 

Industry Trend 

Other carmakers such as JSW MG Motor, Honda, Nissan and Renault have also announced price increases effective January. Among luxury brands, Mercedes-Benz and BMW have confirmed similar revisions. These announcements indicate a trend across the auto sector. 

Hyundai Motor India Share Price Performance  

As of January 01, 2026, 11:17 am, Hyundai Motor India share price was trading at ₹2,293.90, a 0.18% decrease from the previous closing price. 

Read More: Hyundai Motor India Enters Commercial Mobility Segment with Launch of Prime Taxi Range, Featuring Prime HB and Prime SD! 

Conclusion 

The price adjustment marks Hyundai’s first increase after September’s GST-related reductions. It will take effect at the start of the calendar year, in line with the industry’s usual pricing cycle. 

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