Dealers say another price hike could swallow last year’s GST cut
By Nikhil Yelligetti · Wednesday, 7 October 2026 at 12:00 am · 4 min read · 1 view
FADA’s 6 October note says affordability is still carrying festive demand, and further price rises are the risk. Maruti, Hyundai and Tata have each revised prices more than once in 2026.
Dealer bodies are telling carmakers that another round of price hikes can cancel the gain buyers felt after last year's GST cut. The Federation of Automobile Dealers Associations said on 6 October 2026 that affordability is still the reason festive demand is holding, and that further increases are the main risk for the quarter.
2024 Hyundai Creta 1.5 in India. Photo: CARS WORLD Kannada, CC BY 3.0, via Wikimedia Commons. Hyundai is one of the brands that has revised prices this year.
The hikes already on the board this year are specific. Maruti Suzuki raised prices in June and August by up to ₹30,000 each time, then by up to ₹20,000 on select models in September. Hyundai raised prices by about 0.6% in January, by up to ₹12,800 from June, and by up to 1% from September. Tata Motors Passenger Vehicles raised ICE models by a weighted average of about 0.5% in April, by up to 1.5% in July, and by up to ₹25,000 in September.
What should the quotation show?
Ask the showroom which hike is already inside the ex-showroom figure, and which October scheme is being subtracted. A discount printed on a banner can be smaller than the rise that landed in September. Tata's managing director has also said only part of the cost increase has been passed on, and that more revisions are possible.
The dealer warning is in the 6 October note reported by Hindustan Times. If you are comparing a sedan the same week, the Slavia price list is a separate ex-showroom number.