Tata Motors, Kia, MG and BMW raised vehicle prices by up to 3% from July 1, 2026, citing rising input costs; Maruti and Hyundai had already hiked prices in June.
Key facts
- Tata PV: up to 1.5% (≈₹15,000 on ₹10 lakh car)
- MG: up to 3% (≈₹45,000 on ₹15 lakh car)
- Kia: up to 2%; BMW: up to 2%
- Maruti hiked ₹5,000–₹30,000 from June 14
- Hyundai: up to ₹12,800 from June 1
- Reason: rising commodity, input costs
If you're shopping for a new car this month, you've walked into a price-hike minefield. Four major carmakers, Tata Motors, Kia, MG and BMW, raised prices across their lineups on July 1, following Maruti Suzuki and Hyundai, who had already moved in June. The result: nearly every showroom now carries a revised rate card, and buyers face higher stickers ranging from a few thousand rupees to over ₹45,000 depending on brand and model.
Who Hiked What From July 1?
Tata Motors increased passenger vehicle prices by up to 1.5 per cent (roughly ₹15,000 on a ₹10 lakh car) and commercial vehicles by up to 2.5 per cent. JSW MG Motor India topped the list with the steepest increase, up to 3 per cent, which means around ₹45,000 on a ₹15 lakh vehicle. Kia India and BMW Group India (covering both BMW and MINI brands) raised prices by up to 2 per cent each. All four brands cited the same reason: rising input, commodity and operational costs. The increases are not uniform; they vary by model and variant, with top trims typically hit harder.
The June Movers: Maruti & Hyundai
Hyundai Motor India had already revised prices by up to ₹12,800 (up to 1 per cent) from June 1, marking its second weighted-average hike of the year. Maruti Suzuki followed with increases between ₹5,000 (WagonR, Eeco) and ₹30,000 (e-Vitara) on June 14. The Swift, Baleno, Dzire, Fronx and Jimny went up by ₹7,500; the Ertiga and XL6 by ₹10,000; and the Invicto by ₹25,000. That staggered timing means showroom prices have shifted twice in one month, and not a single brand was spared.
Should You Wait or Buy Now?
Waiting is unlikely to reverse these hikes; July 1 prices are now locked in for the foreseeable future, and demand remains strong. The passenger vehicle market crossed 4.4 lakh units in May 2026, up 25 per cent year-on-year. Maruti led with 1.9 lakh units, while Tata sold 59,090 and Mahindra 58,021. If you've been eyeing a particular variant, be aware that a ₹15,000 increase will add about ₹450 to your monthly EMI on a five-year loan, while a ₹30,000 jump means around ₹900 extra per month. The longer you wait, the more you'll pay, and the next round of hikes usually comes in the new calendar year.
References: Tata India — official website
