Hyundai Cars to Become Costlier from September, Prices to Rise up to 1 Percent Amid Cost Pressures

Hyundai Motors stated that due to rising commodity and input costs, increased operational expenses and ongoing geopolitical and macroeconomic uncertainties, it will raise vehicle prices by up to 1% across its portfolio beginning in September 2026.

The company stated that the increase’s exact quantum will depend on the model and variation. The price adjustment, according to Hyundai, was caused by external uncertainties and increasing costs. Following Hyundai’s statement that it had sold a record 75,360 units in July 2026, an increase of 25.4 percent year over year, the price has risen. While exports increased by 31.4% to 21,150 units, domestic sales increased by 23.3% to 54,210 units.

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In its exchange filing on Wednesday, Hyundai claimed that it had been working to control the increase in expenses inside the firm and minimize the effects on customers. “The Company continues to make every endeavor to optimise costs and absorb cost escalations to minimise the impact on customers,” Hyundai have said.

However, the business claimed that a partial pass-through was required due to ongoing cost pressures. The company said, “These ongoing cost pressures have made it essential to pass on a portion of the increased costs to clients through this marginal price adjustment.”