Hyundai Motor India Ltd. (HMIL), the country’s second largest car manufacturer, has announced a price increase on the entire line uo of its cars.
Commenting on the price hike Mr. 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, 2013.
Model wise Price Hike:
| Model |
Eon |
Santro |
i10 |
i20 |
Verna |
Elantra |
Sonata |
Santa Fe |
|||
| Fuel type | Petrol/LPG | Petrol/LPG | Petrol/LPG |
Petrol |
Diesel |
Petrol |
Diesel |
Petrol |
Diesel |
Petrol |
Diesel |
| Increase upto |
5,000 |
4,201 |
5,000 |
8,658 |
5,708 |
8,500 |
6,453 |
13,212 |
12,631 |
17,187 |
20,878 |