Car Prices Soar Today: Mercedes, BMW, Hyundai, Nissan, Honda Lead Hikes

• Major car manufacturers like Mercedes, BMW, JSW MG Motor, BYD, Nissan, Renault, Honda, and Hyundai have increased vehicle prices effective today.
• Hikes range from 0.6% (Hyundai) to 3% (BMW, Nissan), citing rising input costs, rupee depreciation, and macroeconomic pressures.
• Mercedes-Benz and JSW MG Motor increased prices by up to 2%, while BMW and Nissan saw up to 3% hikes.
• Customers who booked vehicles before December 31, 2025, are price-protected by several brands including Mercedes, JSW MG, and BYD.
• Despite price revisions, industry demand remains steady, with passenger vehicle registrations up 14% year-to-date, and growth expected in FY26.

Why It Matters: Multiple car brands raise prices today due to rising costs and currency volatility, yet demand remains strong.