Hyundai Hikes Car Prices by 0.6% from January 1 Due to Rising Input Costs

• Hyundai Motor India will increase car prices by a weighted average of 0.6% starting January 1.
• The price hike is attributed to a rise in input costs, including precious metals and commodities.
• The increase will apply across Hyundai's entire model range, including its 2 EVs and 8 ICE models.
• This marks Hyundai's first price adjustment since September's GST-related price cuts.
• Other manufacturers like JSW MG Motor, Honda, Nissan, Renault, Mercedes-Benz, and BMW are also raising prices.

Why It Matters: Hyundai joins other automakers in raising car prices by 0.6% from January 1 due to higher input costs.