Hyundai Prices to Rise in May: What You Need to Know
Hyundai is set to raise its vehicle prices by 1% starting May 2026. Despite this expected hike, sales remain strong due to robust demand and growing exports.
Highlights
- •Hyundai plans a 1% price increase beginning May 2026
- •Raw material costs driving the decision
- •Sales continue to grow in both domestic market and exports
- •Customers advised to book their preferred model before April
As car enthusiasts await the best deals, Hyundai India has announced a significant price hike set to take effect on May 1st, 2026. The company is raising its vehicle prices by 1% across the board, affecting models like the Creta, Venue, and Verna. This change could impact your budget significantly, especially if you're considering a new ride.
Why the Price Increase?
Rising raw material costs, particularly steel, aluminum, and other key components used in manufacturing, are driving Hyundai's decision. Despite efforts to cushion customers from such hikes, these increased input costs necessitated this minor price adjustment.
The Impact on Sales
Despite the anticipated increase, Hyundai's performance remains strong. In Q4 of FY 2026, sales reached record levels with over 200,000 units sold - an impressive rise by 8.7% year-over-year. The brand continues to grow both domestically and in exports, underscoring its continuing appeal to Indian customers.
Why This is a Crucial Decision
To avoid the additional 1% price hike from May onwards, book your preferred Hyundai model before April. Dealers are currently offering attractive deals that could be a smart move for those looking to balance affordability with quality. Awaited increases in prices may lead to financial strain, making it essential to act now if you're in the market.
