Hyundai India to hike car prices by up to 1% from September; third increase of 2026

Hyundai Motor India will increase vehicle prices by up to 1% across its portfolio from September 2026, marking the South Korean automaker's third broad-based price revision this year as manufacturers grapple with elevated input and operating costs.

The quantum of the increase will vary depending on the model and variant, the company said in a filing to the BSE.

"The company has planned to increase the prices of its vehicles by up to 1% across its portfolio, effective September 2026," Hyundai Motor India said in a filing to BSE.

"The price revision has been necessitated by a combination of rising input and commodity costs, higher operational expenses and continuing geopolitical and macroeconomic uncertainties, among other factors," the company said.

Hyundai added that it continues to make efforts to optimise costs and absorb cost escalations to minimise the impact on customers. However, the persistence of these cost pressures has necessitated passing on a part of the increased costs to customers through the marginal price revision.

Rising input costs prompt another price revision

The South Korean carmaker attributed the latest increase to rising input and commodity costs, higher operational expenses and continuing geopolitical and macroeconomic uncertainties.

Hyundai said it has been making efforts to optimise costs and absorb part of the escalation to minimise the impact on customers. However, the persistence of cost pressures has necessitated passing on a portion of the increased costs through the latest price revision.

The move comes a month after Maruti Suzuki raised prices across its Arena and Nexa portfolios by ₹2,500-₹30,000, depending on the model and variant. It was Maruti's second price increase of 2026.

January hike came before June price increase

Hyundai's first broad-based price hike of 2026 took effect on January 1, when it raised prices by a weighted average of around 0.6% across its model range. The company cited rising costs of precious metals and commodities for the increase.

The second hike was originally announced in April and was scheduled to take effect from May 1, but Hyundai subsequently deferred its implementation by a month, citing prevailing market conditions and customer considerations. The revised prices came into effect from June 1, with the maximum increase pegged at ₹12,800, varying by model and variant.

Automakers continue to pass on cost pressures

The latest revision underscores the continued pressure on passenger vehicle makers from volatile commodity prices and higher operating costs. Hyundai has not yet disclosed the model-wise quantum of the September increase.

The company will announce the revised prices for individual models and variants closer to the implementation of the hike.