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Hyundai Motor India hikes prices

Posted on Feb 01, 04:25PM | IBNS

Kolkata, Feb 1 (IBNS): Hyundai Motor India Ltd. (HMIL), the country's largest passenger car exporter and second largest car manufacturer, on Friday announced the price increase on across all its models starting from Eon to Santa Fe.

Commenting on the price hike, Rakesh Srivastava, VP - Sales and Marketing, HMIL, said, "On account of rise in input cost and fluctuation in currency, the price hike has been necessitated.

"We have increased the prices in the range of Rs.4201 to Rs. 20,878 across all the models. We have tried to absorb the maximum cost to minimize the price increase to cause less inconvenience to our valued customers."

The price increase across all the models would come with immediate effect i.e Feb 1.