Hyundai Motor India to increase vehicle prices from Jan. 1

Hyundai Motor India Ltd. (HMIL) said it would increase prices across its model range and the extent of increase will be up to ₹25,000 effective from January 1. 

“The price increase has been necessitated owing to an increase in input costs, adverse exchange rate and increase in logistics costs,” the company said.

Tarun Garg, Whole-time Director and Chief Operating Officer, HMIL, said, “With the sustained increase in input cost, it has now become imperative to pass on a part of this cost escalation through a minor price adjustment.”