Excelsior Correspondent
JAMMU, May 27: Hyundai Motor India today stated that it will implement a planned price increase across its vehicle lineup from June 1, 2026.
The increase will be up to Rs 12,800, depending on the model and variant.
The automaker had earlier informed stock exchanges in April that it planned to increase prices across its portfolio by up to 1 per cent from May 2026 due to rising input and operational costs.
In a statement issued, Hyundai said, “The revised pricing would now come into effect from June 1, citing prevailing market conditions and customer considerations.”
The company said, “The increase was driven by higher commodity prices, rising input costs and increased operational expenses. It had attempted to minimise the impact on customers while passing on part of the additional costs to the market.”
“The company has been attempting to minimise the impact on customers while passing on part of the increased costs to the market through what it described as a nominal price increase,” they added.
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