Are you planning to buy a Hyundai car as well? If so, then we have some very important news for you. Hyundai Motor India announced that all the vehicles will increase their prices up to a maximum of 3% from April 2025.
The reason behind this move is mounting input costs, inflation in raw material, and operation costs. Here we will be telling you in detail about the price increase.
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Why Hyundai increase prices
Talking the rate increase, Tarun Garg, Chief Operating Officer, Hyundai Motor India, mentioned, “We have attempted our best to contain the ever-growing costs so that the customers would not be impacted. But, because of the ever-growing operational costs, we are now compelled to shift a portion of it to the customers. These prices will be applicable from April 2025. For the future, we are trying continuously to minimize the burden on customers.”
Industry-Wide Price Hikes
Hyundai is not the only company that is increasing the prices of its cars. Companies like Maruti Suzuki, Tata Motors, Mahindra, Kia, and Honda have also announced price hikes from April 2025. Rising input costs, supply chain challenges, and operational expenses have forced companies to take this step.
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Hyundai Sales
In February 2025, Hyundai Motor India sold 47,727 units in the domestic market, down 4.93% compared to last year. In February 2024, the company sold 50,201 units. Creta has the highest sales in this sale with 16,317 units sold alone, followed by Venue with 10,125 units