Hyundai Price Hike: Hyundai Motor India has announced a price increase across its entire vehicle lineup, effective May 1, 2026. The company will raise prices by up to 1%, impacting all models—from budget hatchbacks to premium SUVs.
If you are planning to buy a new Hyundai car next month, this update may affect your decision. The price hike will apply to all vehicles in the lineup, from entry-level models like the Hyundai Grand i10 to popular SUVs like the Hyundai Creta.
Why Are Prices Increasing?
Hyundai stated in an official communication that the price revision is due to rising input costs. The cost of raw materials such as steel and plastic, along with other components, has been increasing steadily.
The company mentioned that it had been absorbing these rising costs for a long time to minimize the impact on customers. However, due to continued pressure on manufacturing expenses, a price hike has now become necessary.
How Much Will Prices Increase?
According to Hyundai, the price increase will be up to 1%, but it will not be uniform across all models.
The final price hike will depend on factors such as the model, variant (base or top-end), and engine type (petrol, diesel, or electric). Estimates suggest that prices could increase anywhere between ₹5,500 and ₹4.63 lakh, depending on the vehicle.
Entire Hyundai Lineup Affected
Hyundai currently offers a wide range of vehicles in India, including hatchbacks, sedans, SUVs, and electric vehicles.
Popular models such as the Hyundai Venue, Hyundai Alcazar, Hyundai Verna, and Hyundai i20 will all see price revisions. The company’s EV lineup, including the Hyundai Ioniq 5, will also be affected.
This means buyers will have to pay more for all Hyundai vehicles, from entry-level cars to premium offerings.
Other Automakers Also Raise Prices
Hyundai is not alone in increasing prices. Several other automakers, including Toyota, Tata Motors, Mahindra & Mahindra, and MG Motor, have also announced price hikes recently.
