New Delhi – Hyundai Motor India will raise the prices of its vehicles by up to 12,800 rupees (approximately USD 134) from 1 June 2026, becoming the latest carmaker in India to pass on rising costs to consumers as global economic pressures continue to squeeze manufacturers.
The company confirmed the increase on Wednesday, saying it had held off on a planned May hike but would now move ahead with the adjustment from the start of next month. The price increase will vary depending on the model and variant.
“The price increase has been necessitated due to rising input costs, increased commodity prices and higher operational expenses, amongst other reasons,” Hyundai Motor India said in a statement.
The company pointed to the ongoing Middle East conflict as a key factor, with disruptions to global trade routes and energy markets driving up the cost of key inputs and forcing manufacturers to pass those increases on to buyers. State-run suppliers also raised petrol and diesel prices earlier this month in response to the Iran war.
Hyundai is not alone. Fellow carmakers Maruti Suzuki, Tata Motors Passenger Vehicles and Mahindra and Mahindra have all announced price hikes of their own in recent weeks. Maruti Suzuki attributed its increase to inflationary pressures and an adverse cost environment.
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