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Hyundai Motor India hikes prices

Posted on Oct 29, 09:33PM | IBNS

Hyundai Motor India Ltd. (HMIL), the country's second largest car manufacturer, on Monday announced the price increase in all its models starting from Eon to Santa Fe.

Commenting on the price hike Rakesh Srivastava, Vice President - National Sales and marketing, Hyundai Motor India Ltd., said, "The price increase has been necessitated by a variety of input costs. We have tried to minimize the price increase to cause less inconvenience to our valued customers."

The price increase would be up to Rs.5,000 across models and would come into effect from Nov 1,2012.