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Hyundai Motor India is gearing up for a significant start to 2025 with the launch of its much-anticipated Creta-based electric SUV in January. Alongside this launch, the automaker has also announced a price revision for its entire product lineup, with increases of up to ₹25,000, effective from January 1, 2025.
The company has attributed this decision to rising input costs, unfavorable exchange rates, and increased logistics expenses. These factors have created a pressing need for Hyundai to adjust its pricing strategy to sustain operations while maintaining quality and service standards.
Tarun Garg, Whole-time Director and Chief Operating Officer at Hyundai Motor India Limited (HMIL), emphasized the company’s commitment to balancing operational costs with customer affordability. He remarked, “At Hyundai Motor India Limited, our endeavor is always to absorb rising costs to the extent possible, ensuring minimal impact on our customers. However, with the sustained increase in input costs, it has now become imperative to pass on a part of this cost escalation through a minor price adjustment. This price increase will be done across models, and the extent of the increase will be up to ₹25,000. The price increase will be effective from January 1, 2025, on all MY25 models.”
This price adjustment reflects the challenges faced by the automotive industry amid fluctuating global economic conditions. Hyundai’s decision comes as it continues to innovate and expand its portfolio, including the introduction of its Creta-based EV, which is expected to make a substantial impact in the electric vehicle segment.
With its forward-looking approach, Hyundai remains committed to delivering advanced mobility solutions while adapting to the dynamic economic landscape.
