Hyundai Motor India has announced a price adjustment across its vehicle portfolio, implementing a weighted-average increase of approximately 0.6% effective from January 1, 2026. The automaker cited rising costs of precious metals and commodities as the primary driver behind this pricing decision.

Price Adjustment Details

The company disclosed the price increase through a regulatory filing, explaining that the adjustment affects its entire model range. The decision comes as the automotive industry continues to face cost pressures from various raw materials and components.

Company's Position on Cost Management

Hyundai Motor India emphasized its ongoing commitment to cost optimization while acknowledging market realities. "While the company continuously strives to optimize costs and minimize the impact on its customers, the company is constrained to pass on some of the increased costs to the market through this minor price increase," the company stated in its regulatory filing.

Current Product Portfolio

The price adjustment will apply across Hyundai Motor India's diverse vehicle lineup, which spans multiple segments and price points. The company's current offerings demonstrate significant range in both vehicle types and pricing structure.

The company's portfolio encompasses vehicles from affordable hatchbacks to premium electric SUVs, reflecting its strategy to serve diverse customer segments across the Indian automotive market. This comprehensive range means the 0.6% increase will have varying absolute impact depending on the specific model and variant chosen by customers.

Hyundai Motor India has announced a comprehensive leadership restructuring with Managing Director Unsoo Kim and three senior management personnel stepping down from their positions effective December 31, 2025. The automotive company has officially communicated these changes to stock exchanges under regulatory compliance requirements.

Managing Director's Resignation Details

Unsoo Kim, in his resignation letter dated October 14, 2025, stated his intention to return to South Korea for a strategic role at Hyundai Motor Company. Kim will step down from multiple positions including Managing Director & Director, Chairman of the Board and General Meetings, Chairman and Member of the Risk Management Committee, and Key Managerial Personnel.

New Leadership Appointment

The company has received shareholders' approval for the appointment of Tarun Garg as the new Managing Director & Chief Executive Officer, effective January 1, 2026. This appointment ensures continuity in leadership as the organization transitions through this period of change.

Regulatory Compliance

Hyundai Motor India has fulfilled its obligations under Regulation 30 of SEBI Listing Obligation and Disclosure Requirements Regulations, 2015. The company submitted the required documentation, including resignation letters and detailed personnel information as mandated by SEBI circular requirements.

Company Operations

Hyundai Motor India Limited operates as the Indian subsidiary of Hyundai Motor Company, with its registered office located at SIPCOT Industrial Park, Sriperumbudur, Tamil Nadu. The company maintains its corporate office in Gurugram, Haryana, and continues its focus on manufacturing and selling passenger vehicles in the Indian market.