Business EconomyPosted at: Mar 19 2025 6:34PM


Hyundai announces 3 pc price hike from April

Chennai, Mar 19 (UNI) Passenger car makers Hyundai Motor India Limited (HMIL)
on Wednesay announced an increase of prices up to 3% effective from April 2025.
The company announced the price increase owing to rising input cost, increased
commodity prices and higher operational expenses, amongst other reasons.
The quantum of price increase will vary basis the variants and models, a HMIL release
said here.

HMIL Whole-time Director and Chief Operating Officer Tarun Garg said “At Hyundai
we strive to absorb rising costs to the extent possible, ensuring minimal impact on
our customers. However, with the sustained increase in operational expenses, it has
now become imperative to pass on a part of this cost escalation through a minor
price adjustment."
"The price increase will be effective in April 2025. We remain committed to making
consistent internal efforts to minimise any future impact on our valued customers”,
he said.
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