Hyundai India To Increase Car Prices From January 2023
- Hyundai India will increase car prices from January 2023.
- The company has cited rising input cost as the reason for the price hike.
- The company has not announced the quantum of price hike.
Hyundai Motor India Limited (HMIL) has announced that it will be increasing car prices from January 2023. The country’s second largest carmaker, and largest exporter, has cited rising input cost as the reason for the price hike. The company has said that the price revision will take place across its model range, however, Hyundai India has not said what the quantum of the hike.
Also Read: Volkswagen India To Increase Car Prices From January 2023
Announcing the price hike, Hyundai India said, “The company has continued to absorb rising cost, however, will now pass on a part of the input cost increase through a revision in prices across its model range. HMIL will continue to make consistent internal efforts to minimize price impact on customers. New prices for HMIL model range come into effect from January 2023.”
Also Read: Maruti Suzuki Plans Price Hike In January
Also Read: Audi India To Increase Car Prices From January 1, 2023
Hyundai India is not the first automaker to announce a price hike. Other carmakers like Maruti Suzuki India, Volkswagen India, Jeep India, Audi India, Mercedes-Benz India, and Volvo Cars India, have also said that they will be increasing car prices from January 2023. Even Tata Motors has announced that it will be increasing the price of its commercial vehicles from a January 2023.
Also Read: Jeep India To Increase Prices Of Its SUVs From January 1, 2023
Right now, Hyundai India’s model line-up starts from the compact hatchback Hyundai Grand i10 Nios, which is priced starting at Rs. 5.43 lakh, going up to the company’s flagship model, the new-gen Tucson that tops out at Rs. 34.54 lakh (all prices ex-showroom, Delhi).
Latest News
car&bike Team | Aug 1, 2026India-UK FTA: Aston Martin Announces Revised PricesAlong with the revised pricing, the British marque has refreshed its lineup by replacing the Vantage, DB12 and DBX with more powerful 'S' derivatives.1 min read
car&bike Team | Aug 1, 2026BMW 7 Series, i7 Facelift Bookings Open In India Ahead Of LaunchThe facelifted models were unveiled globally in April 2026 and are set to arrive in India.3 mins read
car&bike Team | Aug 1, 2026Auto Sales July 2026: Growth For Tata, Mahindra And Hyundai; Nissan Jumps 218%July 2026 turned out to be a strong month for several carmakers in India. Tata Motors, Mahindra, Hyundai, MG Motor and Nissan all reported healthy year-on-year growth, with new model launches, exports and growing EV demand.4 mins read
car&bike Team | Jul 31, 2026Hero Vida VX2 Now Available With Fixed 3.1 kWh Battery, Priced At Rs 1.13 LakhUnlike the existing removable-battery variants, the new VX2 variant comes with a fixed battery and direct-plug charging.1 min read
car&bike Team | Jul 31, 2026Honda Cars India Appoints Toshiyuki Yanagisawa As New President And CEOYanagisawa replaces Takashi Nakajima, who is set to move to Honda's regional headquarters after completing his stint in India.1 min read
car&bike Team | Jul 31, 2026TVS Raider Doctor Doom Edition Launched At Rs 95,320TVS has expanded its Marvel-inspired Raider 125 Super Squad lineup with a new Doctor Doom Edition.2 mins read
Bilal Firfiray | Aug 1, 2026Toyota Hilux Review: The InvincibleMarking it as the ninth generation, the Hilux comes with a major cosmetic overhaul. But is it still relevant enough for the current times or is it getting too long in the tooth?1 min read
Bilal Firfiray | Jul 30, 2026Kia Syros EV Review: Best EV To Buy Under Rs 20 Lakh?The Kia Syros EV comes into the game with a modern design, spacious cabin, strong performance, decent range and an aggressive pricing. But could it become the new benchmark under Rs 20 lakh?5 mins read
Jaiveer Mehra | Jul 27, 20262026 Maruti Suzuki Brezza Facelift Review: Bestseller Joins The Turbo ClubWhile Maruti’s facelifts have always tended to bring subtle updates over the outgoing models, the latest Brezza brings some heavy updates under the skin, including a new 6-speed manual gearbox and, for the first time, a turbocharged petrol engine option.1 min read
Bilal Firfiray | Jul 24, 2026Honda ZR-V Review: Who Is It For?Honda has brought the new ZR-V to India as their current flagship offering. It’s a CBU, it’s a hybrid, and it’s here for a limited few. Who is it for though?1 min read
Girish Karkera | Jul 29, 2026Mercedes-AMG E53 4MATIC+ PHEV First Drive Review: Just What The Doctor OrderedThere are luxury cars and there are high-performance cars. But what if you want both for the price of one? Mercedes-Benz has a recommendation that promises to tread a fine line between the two – the second generation E53 with a twist.7 mins read