NEW DELHI, Apr 8: Hyundai Motor India Ltd on Wednesday said it will hike prices of its vehicles by up to 1 per cent across its portfolio from next month citing various cost escalations.
The company has planned to increase the prices of its cars up to 1 per cent across the portfolio, effective May 2026, Hyundai Motor India Ltd said in a regulatory filing.
The price revision is attributed to a combination of various cost escalations, it added.
The quantum of increase will vary based on the variants and models, HMIL said.
“The company’s endeavor is always to absorb rising costs to safeguard our customer from price fluctuations. However, the escalating input costs have necessitated to pass on a part of this impact through a marginal price revision,” it said. (PTI)
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