Carmakers Who Have Announced Price Hikes For 2026

As 2026 has started, several major carmakers in India have hiked prices of their models. Rising input costs, higher logistics expenses, and sustained currency pressure are the key reasons behind these revisions. 

With the Indian rupee continuing to weaken against major global currencies such as the euro, manufacturers are adjusting prices to protect margins. 

The hikes range between 2 percent and 3 percent, impacting both luxury and mass market cars, potentially increasing prices by several thousand rupees or more, depending on the model.

Also Read – Which Bike Manufacturers Have Increased their Prices in 2026?
 

Upcoming Price Hikes

Previous Price Hikes in 2026

Maruti Suzuki

Maruti Suzuki has confirmed that it will hike prices across its entire model range by up to ₹30,000 from June 1, 2026, which will vary by model and variant. The company has cited rising input costs, inflationary pressures and an adverse cost environment as the reasons behind the price revision.

Maruti Suzuki has also stated that it has been trying to offset the cost impact through internal cost-reduction measures, but will now pass on a part of the increase to customers.

Also Read – Maruti Suzuki Offers Protection Against Price Hike on Select Models
 

BMW India 2 Percent

BMW Group India has announced a price hike of up to 2% across its BMW and MINI vehicle lineup, effective July 1, 2026. The company cited rupee depreciation and rising logistics costs as the primary reasons behind the increase. The revision will apply to both locally assembled and imported models. 

“To protect our premium standards against macroeconomic headwinds, specifically rupee depreciation and escalating logistics costs, we are introducing a price increase of up to 2% across our portfolio, effective 1 July 2026.”
— Hardeep Singh Brar, President & CEO, BMW Group India 

This is the second price hike for BMW and MINI cars in India in 2026. The first increase of up to 2% came into effect in April 2026. Combined with the upcoming 2% hike from July 2026, BMW has raised prices by up to 4% across its portfolio this year. We expect other import-heavy luxury carmakers to follow suit in the coming months.

Also Read – BMW M Ignite Tech Likely To debut In India Soon
 

Hyundai India

Hyundai Motor India has confirmed a 1 percent price hike across its entire model lineup, effective from June 1, 2026. The automaker had first announced the price revision in April 2026, with the increase initially scheduled to come into effect from May 1.

However, according to a recent regulatory filing, the implementation was deferred to June due to prevailing market conditions and customer considerations.

Depending on the model, prices are expected to go up by as much as Rs 12,800.

Also Read – New Hyundai i20 Leaked In Full, Looks Like A Compact SUV
 

Tata Motors

Tata Motors Passenger Vehicles (TMPV) has announced a price hike of up to 1.5% across its entire passenger vehicle lineup, including both ICE and electric models, effective July 1, 2026. The company said the increase is necessary to partially offset rising input costs and ongoing inflationary pressures, although it continues to absorb a significant portion of these costs. The exact increase will vary depending on the model and variant.

This marks Tata Motors' second passenger vehicle price revision in 2026. Earlier, the automaker increased prices of its ICE passenger vehicle range by an average of 0.5% from April 1, 2026, also citing higher input costs. With the latest revision, Tata has raised prices by up to 2.0% cumulatively this year, although the actual impact varies across models and variants.

Also Read – Tata Sierra EV Launch Confirmed On June 30
 

Kia India

Kia has announced a price revision of up to 2% across its model range, starting from July 1. The carmaker stated rising input costs and an overall increase in operational expenditure as the reason behind the hike.

The extent of the price increase will vary across models and variants, ensuring that the overall value proposition of each offering is maintained. This is Kia India’s first notable price revision in 2026. 

Also Read - Second Generation Kia Sonet Spotted Testing Heavily Camouflaged
 

MG Motor India

JSW MG Motor India has announced a price revision of up to 3% across its model range, which will come into effect from July 1, 2026. The increase has been attributed to rising input costs and higher operational expenses.

The actual hike will vary depending on the model and variant. This marks another price adjustment for MG in 2026, following an earlier revision earlier in the year.

Mahindra

Mahindra has announced an average price increase of 2.7% on its SUV range and 2% on its Commercial Vehicle (CV) lineup, effective July 10, 2026.

The company has cited commodity cost escalations as the primary reason behind the revision. The extent of the price increase will vary across specific products.

Source: Respective Brand Press Releases
Image Source: Respective Brand Sites