Hyundai cars to get costlier with prices rising by up to 3% from April

Hyundai Motor India Limited (HMIL) has announced a price hike of up to 3% across its model range, effective April 2025. The company attributed the increase to rising input costs, escalating commodity prices, and higher operational expenses. The actual hike will vary depending on the model and variant.

“At Hyundai Motor India Limited, we strive to absorb rising costs to the extent possible, ensuring minimal impact on our customers. However, with the sustained increase in operational expenses, it has now become imperative to pass on a part of this cost escalation through a minor price adjustment,” said Tarun Garg, Whole-time Director and COO of HMIL.

This price revision comes amid an industry-wide trend of automakers adjusting prices to counter growing production costs. On March 17, Maruti Suzuki India Ltd. (MSIL)

announced a price hike of up to 4%, effective April 1, 2025, marking its third price increase this year after previous hikes in January and February.
Similarly, Tata Motors also announced a price increase of up to 2% across its commercial vehicle range from April 1, 2025, citing surging raw material and input costs.

In the luxury car segment, Mercedes-Benz India is also considering a price revision in April if the rupee continues to weaken against the euro, according to Managing Director & CEO Santosh Iyer, PTI reported. The company had already raised prices in January this year and anticipates sluggish luxury car sales for at least two more quarters.

With leading automakers implementing price hikes, industry experts will closely monitor consumer sentiment and its impact on sales volumes in the coming months.