Overview
- Hyundai Motor India announced a price increase of up to ₹25,000 across all models, effective January 1, 2025.
- The decision is attributed to rising input costs, adverse exchange rates, and higher transportation expenses.
- Hyundai's leadership emphasized efforts to minimize the impact on customers but deemed the price adjustment necessary to manage escalating costs.
- The price hike will apply to all Model Year 2025 vehicles, including popular models like the Creta, Venue, and Grand i10 Nios.
- The announcement follows broader industry trends, with other automakers such as Audi India also implementing price increases to address similar challenges.