JSW MG Motor lifts car prices up to 3% from July, joining industry-wide hikes

JSW MG Motor will raise ex-showroom prices across its ICE and EV range by up to 3% from July 1, 2026, citing input and logistics costs. It follows BMW (+2%), Kia (+2%), Hyundai (+Rs 12,800), Tata (+1.5%) and Maruti (+Rs 30,000) in passing costs to buyers.

— Source publishedMon, 22 Jun, 2026, 17:15 IST·First seen Mon, 22 Jun, 2026, 17:50 IST·Source Business Today · Latest

What happened

JSW MG Motor India will raise ex-showroom prices by up to 3% across its ICE and EV lineup from July 1, joining BMW, Kia, Hyundai, Tata Motors PV and Maruti

Key facts

  • up to 3%
  • up to 2% (BMW)
  • up to 2% (Kia)
  • Rs 12,800 (Hyundai)
  • up to 1.5% (Tata)
  • 0.5% (Tata April)
  • Rs 30,000 (Maruti)

Why this matters

Synchronized hikes across six OEMs reduce competitive risk of price-led share grabs, opening a window for bolt-on dealer network or EV-supply partnerships before margin recovery re-rates valuations.