Overview
- Hyundai filed a stock-exchange statement on May 27 confirming a price revision that takes effect on June 1 and sets the maximum increase at Rs 12,800 per vehicle.
- The company said higher costs for raw materials, logistics, energy and operations left it unable to absorb all increases and required a 'nominal' pass-through to customers.
- The rise will vary by model and variant and Hyundai has not published a model- or variant-level breakdown of the June adjustments.
- The move follows a wider industry pattern of June price hikes by major makers such as Maruti Suzuki, indicating sustained cost pressure across India’s passenger-vehicle sector.
- Higher list prices are likely to raise loan amounts and monthly EMIs for buyers, and Hyundai says it delayed the earlier May implementation while trying to limit customer impact.