In April 2025, Hyundai Motor India Limited (HMIL) plans to raise the prices of all of its vehicles by up to 3%. Higher operating costs, rising commodity prices, and growing input costs all contributed to the decision. Depending on the model and variant, the price increase will vary in magnitude.
The Official Hyundai Statement Regarding the Price Change
“At Hyundai Motor India Limited, we strive to absorb rising costs to the extent possible, ensuring minimal impact on our customers,” said Tarun Garg, HMIL’s Chief Operating Officer and Whole-time Director, in response to the price rise. The ongoing rise in operating costs, however, has made it necessary to pass along a portion of these costs through a small price change. Beginning in April 2025, the price rise will be in effect. We are steadfast in our resolve to minimize any potential negative effects on our esteemed clients through constant internal efforts.
Price Increases Across the Industry for Automakers
Hyundai is not alone in raising prices; nearly all of India’s top automakers, including Maruti Suzuki, Tata Motors, Mahindra, Kia, and Honda, have done so with effect from April 2025. Manufacturers have been forced to modify prices in order to maintain profitability due to rising input costs, supply chain issues, and increased operating expenses.
Profitability without sacrificing the caliber of the products.
Effect on the Hyundai Car Line Price increases will vary depending on the model and version. Hyundai has not revealed the precise breakdown, but those who intend to buy a Hyundai car before April 2025 might want to do so in order to prevent the impending price rise. This change is consistent with industry-wide patterns as Indian automakers deal with supply chain interruptions, inflationary pressures, and shifting commodity costs on the automotive front.
Compared to the 50,201 units sold in February 2024, Hyundai Motor India recorded total domestic sales of 47,727 units in February 2025, a 4.93% decrease. The best-selling models were the Creta and Venue, with the Creta (including the EV version) selling 16,317 units, up 6.81% year over year, and the Venue selling 10,125 units, up 13.34% over the previous year. But a number of other models experienced a drop.
Exter saw a steep 29.29% loss in sales, selling 5,361 units compared to 7,582 last year, while the i20 hatchback saw a similar 29.31% drop, selling 3,627 units. In February 2024, there were also notable double-digit drops reported by Verna, Tucson, and IONIQ 5.
