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There is an important news for those who are thinking of buying a car in India. Hyundai Motor India has decided to increase the prices of all its models and the new rates will be effective from June 1, 2026. According to the company, the price may go up to a maximum of ₹12,800 depending on the different models and variants.

The company had already hinted at a price hike, but considering the interests of the customers, the decision was postponed for some time. Now due to increasing cost of production, it has been decided to implement the price hike.

What are the reasons behind the price hike?

According to Hyundai, increased cost of raw materials, inflation in the commodity market, increase in transportation and operational costs are putting additional financial burden on the company. Over the past few months, many automakers have tried to absorb these increased costs, but as the situation gets tougher, they are now having to pass some of it on to consumers.

Which cars will be affected?

Almost all models in Hyundai’s Indian portfolio are likely to be affected by this price hike. Prices will vary across the company’s models, from entry-level hatchbacks to premium SUVs and electric vehicles. But not all models will have the same increase. The amount of increase will be different according to each model and variant.

Other companies are also raising rates

Hyundai is not the only company to raise prices. Recently Maruti Suzuki, Mahindra & Mahindra and Tata Motors have also hiked vehicle prices citing rising production costs. Therefore, the pressure of cost increase on the Indian automobile industry is clearly visible.

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What should consumers do?

If you are planning to buy a new Hyundai car, booking or buying before June 1 can avail the current pricing. This can be a savings opportunity, especially for models that are in high demand. Currently, the price hike session in the auto industry is likely to continue as fuel, raw material and logistics costs are on the rise. Hence, similar announcements may be made by other companies in the coming months.

When buying a car, it is now more important to consider not only the on-road price but also future maintenance costs, fuel costs and insurance.

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