Hyundai Price Increase: Hyundai Cars Become Pricier by up to Rs.5,000

Hyundai Motor India Ltd. (HMIL), the country’s second largest car manufacturer, recently announced an increase in price of all its models from Eon to the flagship Santa Fe.

Commenting on the price hike Mr. 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 01,2012.

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