Hyundai Motor India Limited — Updates, 19-03-2025: Press Release

Hyundai Motor India Limited has announced a price increase of up to 3%, set to take effect in April 2025. This decision arises from escalating input costs, rising commodity prices, and higher operational expenses. The increase will vary across different models and variants. Mr. Tarun Garg, Whole-time Director and COO, emphasized the company's effort to limit customer impact but acknowledged the necessity of this adjustment due to sustained cost escalations. The company remains committed to internal measures aimed at minimizing future impacts on customers. Investors should watch closely for potential effects on sales and customer demand following this pricing strategy.