The prices of passenger vehicles in the country are set to rise once again. Following Maruti Suzuki India, Kia Motors, and Tata Motors, Hyundai Motor India, the country’s second-largest automobile manufacturer, and Honda Cars have also announced a price hike from April due to rising production costs.
Hyundai Motor India Limited has stated that it will increase the prices of its vehicles by up to three percent from April 2025. The amount of the price hike will be determined based on vehicle models and variants.
Meanwhile, Honda Cars has also announced a price increase for all its models starting next month. However, the company has not disclosed the exact percentage of the price hike.
Earlier, Maruti Suzuki India announced a price increase of up to four percent, while Kia India stated that it would raise prices by up to three percent.