Hyundai Motor India Limited (HMIL) on Tuesday announced a minor price increase across its model range, citing rising input costs. The company said it will implement a weighted average price hike of around 0.6 percent, effective January 1, 2026 .
In a regulatory filing, Hyundai stated that the increase is driven by higher costs of precious metals and other commodities used in vehicle manufacturing. The company noted that sustained inflationary pressures on raw materials have impacted overall production costs .
Hyundai Motor India said it has been making continuous efforts to optimise costs and limit the impact on customers. However, it added that it is constrained to pass on a portion of the increased costs to the market through this price revision. The company described the hike as a minor adjustment aimed at partially offsetting the rise in input expenses .
The price increase will apply across Hyundai’s model portfolio, though the company did not provide model-wise details of the revision. The move comes at a time when several automakers are reassessing pricing strategies amid volatile commodity prices and supply-side pressures.
Renault India, the wholly owned subsidiary of French automotive manufacturer Renault Group, announced that it will implement a price revision of up to 2% across its vehicle range, effective January 2026. JSW MG Motor India and Mercedes-Benz India also announced a price hike of up to 2% across their product range, effective January 1, 2026.