Please Tell Us Your City

Knowing your city will help us provide relevant content to you.

Sorry! No matching results found. Try again.Error Identifying Your Location.

Log in to CarWale

Please enter your password
Forgot password?
Please enter your registered email

Sign up to CarWale

Please enter your name
+91
Please enter your mobile number
Please enter your password
Please enter your password
Ad

Hyundai cars to get costlier by Rs 3,000-20,000 from August 16

August 06, 2016, 11:50 AM IST by CarWale Team
Hyundai cars to get costlier by Rs 3,000-20,000 from August 16

Hyundai Motor India Ltd. (HMIL) recently announced that the prices of all their car models will see an upward revision from August 16, 2016. These include cars ranging from their entry-level Eon to their flagship Santa Fe and will vary from Rs 3,000 to Rs 20,000. 

The price hike is due to the increase in input and operational costs and will be applicable to their entire range of cars. Many companies had already increased and some are still raising the prices of their products in order to compensate the huge costs they have to bear due to ever rising expenses. This is the impact of which is being passed on to the consumers.

Rakesh Srivastava, Sr. Vice President, Sales and Marketing, HMIL, said, "The rupee depreciation and increase in raw materials cost have impacted our overall 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 August 16, 2016 by Rs 3,000 to Rs 20,000 across models."

Tags:Hyundai,Hyundai Grand i10,Grand i10,Creta,Hyundai Creta
Show CommentsHide Comments
Ad
  • Upcoming Cars

Nissan KicksNissan Kicks

22nd Jan 2019

10L - ₹ 15L
Tata HarrierTata Harrier

23rd Jan 2019

16L - ₹ 22L
Maruti Suzuki New Wagon RMaruti Suzuki New Wagon R

23rd Jan 2019

4L - ₹ 6L
Mercedes-Benz V-ClassMercedes-Benz V-Class

24th Jan 2019

75L - ₹ 85L
Mahindra XUV300Mahindra XUV300

14th Feb 2019

8L - ₹ 12L
All Upcoming Cars
Ask the experts1800 2090 230Mon-Fri (9 AM - 8 PM)
Sat (9 AM - 5:30 PM)
Sun (9 AM - 7 PM)
Toll free

Select your city to avail offers

Currently available only in