Hyundai car prices to increase from January 2017
Hyundai Motor India Ltd. (HMIL), the countrys largest passenger car exporter and second largest car manufacturer today announced a proposed price increase across all its models up to Rs 1,00,000.
Commenting on the price hike, Mr. Rakesh Srivastava, Sr. Vice President, Sales and Marketing said, In these challenging year end market conditions, we are constrained to consider price increase on account of factors like increased input costs, fluctuating exchange rates and increasing marketing expenses. The proposed price increase will be up to Rs. 1,00,000 and will be effective from January 2017 across all models from Eon to Santa Fe."
At the moment, all the Hyundai vehicles are being offered on a discounted rate. The Grand i10 gets a benefit of about INR 91,000. The Hyundai Santa Fe avails benefits of INR 2 lakhs. The new i20, Verna all have these discounts. Do not forget to check MotorOctane.com/Contact-us for the same.
Commenting on the price hike, Mr. Rakesh Srivastava, Sr. Vice President, Sales and Marketing said, In these challenging year end market conditions, we are constrained to consider price increase on account of factors like increased input costs, fluctuating exchange rates and increasing marketing expenses. The proposed price increase will be up to Rs. 1,00,000 and will be effective from January 2017 across all models from Eon to Santa Fe."
At the moment, all the Hyundai vehicles are being offered on a discounted rate. The Grand i10 gets a benefit of about INR 91,000. The Hyundai Santa Fe avails benefits of INR 2 lakhs. The new i20, Verna all have these discounts. Do not forget to check MotorOctane.com/Contact-us for the same.
Source : MotorOctane
Disclaimer: No Business Standard Journalist was involved in creation of this content
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First Published: Dec 27 2016 | 8:07 PM IST