Hyundai To Raise Car Prices By Up To Rs 25,000 From January 2025

Hyundai Motor India (HMIL) announced a price hike of up to Rs 25,000 across all models starting January 1, 2025, due to rising input costs, exchange rate fluctuations, and higher logistics expenses. Despite efforts to absorb costs, the automaker stated a price adjustment was necessary. HMIL reported a 16% drop in net profit for Q2 FY25, with lower sales affecting earnings.