CAR Price Hike: Cars of this company are going to become expensive from June 1, know how much the price will increase. automobile-industry-update-hyundai-india-to-increase-car-prices-by-up-to-rs-12800-from-june

by

Hyundai Motor India: Why is there a race to buy a car before June 1? What is the real reason behind the continuously increasing prices of car companies? Hyundai prices will change as June approaches, but why?

Hyundai Car Price Hike 2026: Rising inflation has broken the back of the common man. The prices of petrol, diesel and CNG were continuously increasing when another stressful news came to the fore. If you are planning to buy a new car, do not delay. Because Hyundai Motor India Limited announced on Wednesday that all its vehicles will become expensive from June 1.

Add Asianetnews Hindi as a Preferred Source

Hyundai company’s cars will become so expensive

  • The company will increase the prices of its cars by up to Rs 12,800. The company said that this decision had to be taken due to rising costs, rise in raw material prices and increase in operational expenses. In the information given to the stock exchange, the company said that the price increase was first announced in April, but now the new prices will be applicable from June 1, 2026.
  • “In continuation of our previous letter regarding price increase of cars on April 8, 2026, we would like to inform that keeping in mind the current market conditions and interests of customers, the new prices will now be effective from June 1, 2026,” the filing said.

Rates will increase according to model and variant

  • According to the company, “The price increase will be up to a maximum of Rs 12,800 and will vary depending on the model and variant.”
  • Explaining the reason behind the price hike, Hyundai said it was necessitated by “increasing input costs, rising raw material prices and higher operational expenses”.
  • The filing further said, “While we continuously strive to control costs and minimize the impact on customers, we are forced to pass on a portion of the increased costs to the market.”

This decision has come at the same time when, just a few days ago, Maruti Suzuki India Limited had also announced an increase in the prices of its vehicles by Rs 30,000 from June, citing rising costs.

Leave a Comment