September 19, 2013

Hyundai Motor India hikes prices upto Rs. 20,000 from October

Hyundai Motor India Ltd. (HMIL) announced the price increase across all its models starting from Eon to Santa Fe excluding the recently launched Hyundai Grand.

"The rupee depreciation and inflationary trends have impacted our input costs. We have been absorbing
most of the costs but now we are compelled to consider the price increase. We will be increasing the prices from October 1, 2013 by Rs. 4,000 to Rs. 20,000 across models except our new model Hyundai Grand which has been recently launched at an aggressive introductory price," said Rakesh Srivastava, Senior Vice-President, Sales and Marketing.


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