Hyundai Cars Get Pricier from Jan 1: Prices to Rise by 0.6%

• Hyundai Motor India will increase prices of all its vehicles starting January 1.
• The price hike will be approximately 0.6 percent across all models.
• The company attributes the increase to rising raw material costs, including precious metals and commodity products.
• Hyundai stated it's compelled to pass on a portion of increased costs despite efforts to optimize production.
• The company sells a range from i10 Nios to Ioniq 5, priced from 5.47 lakh to over 47 lakh rupees (ex-showroom).

Why It Matters: Hyundai Motor India will raise car prices by about 0.6% from January 1 due to rising raw material costs.