Hyundai Motors India announced an increase in their car price, effective from 01 January 2026. Car enthusiasts can learn about the full price hike and cars that will cost more in the new year in the article below.
The company raises the price due to the increasing cost of precious metals and commodities used in manufacturing, affecting the cost of production. The average price increase by the company is 0.6% for all of Hyundai’s cars.
The carmakers generally raise the prices twice a year based on inflation or increasing costs; hence, many other carmakers have also announced the price hike effective from 01 January 2026. However, Hyundai is the first one to announce the price hike after the GST reform revision.
Why does Hyundai raise the price of cars?
The automotive industry needs to adjust its prices to the increasing cost of raw materials. The key materials used in car making are steel, aluminum, copper, and now batteries as well for the EVs. The price of the metals is due to tariffs on aluminium and steel, driving up the manufacturing costs.
The annual growth rate of the automotive metal market is projected to be 8.5% from 2024 to 2030. To keep up with the increasing cost, Hyundai and other carmakers are increasing the car’s price. Another reason that pushed the companies to increase the price is the rupee depreciation.
The Indian rupee has depreciated by 6% against the US dollar, and since most of the luxurious car components are imported, it will affect the price across the country. The price of the cars may vary globally depending on the region, so the hike will be different globally.
How much will Hyundai cars cost now after the price hike?
Hyundai Motors announced a price hike of 0.6% across its portfolio from 01 January 2026, as the manufacturing cost will increase. After the GST reform revision, the price of car models was decreased, but now, with a hike, it will increase a little bit.
Although the Hyundai price hike is not much; however, it will affect the customers. According to reports, the Hyundai Verna gets the lowest price cut and while the Tucson gets the highest price drop. Now, with the price hike, you can expect all the models’ prices to increase from entry-level to premium EVs.
For instance, you can expect the following price hike to the Hyundai Creta from January 2026:
- The Hyundai Creta price starts from ₹10.73 lakh, and with a 0.6% increase, the price gets a hike of ₹6,438, making the Creta price around ₹10,79,438 from now on.
How will this impact the customers?
The price hike on the Hyundai cars from this new year will lead the customers to pay more than before. Hence, if you are planning to buy a Hyundai car today or after today, check the new prices based on the increased rate.
The 0.6% price hike will increase the Hyundai cars by a few thousand, and it will increase depending on the car’s ex-showroom price. The more expensive the car, the higher the increase in price after the hike.
So, the entry-level buyers can expect the prices to increase between ₹3000 to ₹4000, while the SUV buyers and luxury car buyers can expect the price to increase between ₹5000 – ₹20,000, depending on the current price. Customers who have booked a car on 31 December 2025 would not be affected by the price hike; in fact, they have enjoyed the discounted price offer.
What other brands have increased the price?
After Hyundai Motor India announced the price hike from January 2026, many brands followed suit and increased the car prices effective from 01 January 2026, such as:
- Renault India revised the price by 2%
- JSW MG Motor announced 2% price hike
- Nissan increased prices by 3%
- BMW Motorrad India introduces 6% price hike
- BMW Cars’ price increases by 3%
- Mercedes-Benz prices increase by 2%
- Honda also confirmed the price hike, but the rate is not confirmed yet.
Compared to all other brand price hikes, Honda has a generous hike and tries to keep the hike low to not pressure its customers. The official statement says that with the increased cost of raw materials, they are pushed to increase the price.
