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Informist, Wednesday, Aug. 19, 2026

 

--Hyundai Motor to hike prices by up to 1%  across portfolios from Sept 

--Hyundai Motor: Raising prices due to high input costs, operational expenses 

 

MUMBAI – Hyundai Motor India Ltd. Wednesday said it will hike car prices by up to 1%  across its portfolio from September amid rising input and commodity costs, higher operational expenses, and continuing geopolitical and macroeconomic uncertainties. "The persistence of these cost pressures has necessitated passing on a part of the increased costs to customers through this marginal price revision," the company said in an exchange filing.

 

For the June quarter, Hyundai Motor reported a consolidated net profit of INR 8.89 billion on revenues of INR 163.35 billion. Wednesday, its shares ended 0.5% lower at INR 2,174.50 on the National Stock Exchange.  End

 

Reported by Anand JC

Edited by Saji George Titus

 

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