TL;DR
Major car manufacturers in India are raising vehicle prices from January 1, 2026, due to escalating input, logistics, and commodity costs.
Several prominent automobile manufacturers in India, including Hyundai, Mercedes-Benz, BMW, BYD, JSW MG Motor, Nissan, Renault, and Honda, have declared upcoming price increases for their vehicles, effective January 1, 2026. These adjustments are primarily attributed to a sustained rise in input costs, such as precious metals and other commodities, as well as increased logistics expenses and currency fluctuations.
The extent of the price hike varies among manufacturers and models. For instance, Hyundai Motor India is set to implement a weighted average price increase of approximately 0.6% across its range. Mercedes-Benz India plans to raise ex-showroom prices by up to 2%, while BMW India will see an additional increase of around 2% after a prior hike in September 2025.
Other automakers like Nissan and Renault are anticipating price increases of up to 3% and 2% respectively. JSW MG Motor India has also announced a 2% price increase across its petrol, diesel, and electric models. Honda Cars India has confirmed a price revision, though the exact percentage is yet to be disclosed, citing rising input and logistics costs. These widespread price adjustments indicate mounting cost pressures faced by the domestic auto industry as it enters the new year.
