Hyundai car prices set to be hiked soon
Hyundai Motor India (HMIL) today said it will increase prices of its vehicles across model range by up to 2 per cent from June to offset rising input costs. The price hike will be applicable on all the Hyundai vehicles except for newly-launched SUV Creta, reported PTI.

Hyundai Motor India (HMIL) today said it will increase prices of its vehicles across model range by up to 2 per cent from June to offset rising input costs. The price hike will be applicable on all the Hyundai vehicles except for newly-launched SUV Creta, reported PTI.
At present, HMIL sells a range of vehicles from entry-level small car Eon at a starting price of Rs 3.3 lakh to premium SUV Tucson priced up to Rs 25.44 lakh (ex-showroom Delhi). The company also launched the new Creta facelift priced at Rs at Rs 9.44 lakh yesterday, while the diesel version starts at Rs 9.99 lakh.
"We have been absorbing the increase in input costs with increase in commodity prices, freight increase with hike in fuel prices and also the increase in custom duties of certain components," said HMIL Director - Sales & Marketing Rakesh Srivastava while commenting on the price hike. "We are now constrained to pass the same to customers in our products with an increase up to 2 per cent from June 2018," he added.
In January this year, Hyundai had earlier increased the prices of its cars by 2 per cent. Hyundai India had protected the price of the newly-launched Verna for the first 20,000 customers in September, last year when the GST cess was revised. The company did not charge for any extra GST untill the beginning of 2018.
Watch this Zee Business video here:
Hyundai has Introduced New Age Technology Features in Hyundai Creta facelift – smart key band, wireless phone charger, electric sunroof, autoLink connected car technology and 6-way electronically adjustable driver’s seat to gives it a unique driving experience.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES

Top 7 Mid Cap Mutual Funds With Highest Returns in 3 Years: Rs 2,00,000 one-time investment in No. 1 scheme has converted into Rs 4,38,000

SBI Revamped Gold Deposit Scheme: Do you keep your gold in bank locker? You can also earn interest on it through this SBI scheme

Top 7 SBI Mutual Funds With Highest Returns in 3 Years: Rs 2,00,000 one-time investment in No. 1 fund has sprung to Rs 4,77,000

Monthly Pay Calculations: Is your basic salary Rs 24,900, Rs 51,500, Rs 70,000, or Rs 1,01,400? Know what can be your total salary?

Power of Compounding: How long it will take to build Rs 3 crore corpus with Rs 4,000, Rs 7,000 or Rs 11,000 monthly investments

Gratuity Calculation: What will be your gratuity on Rs 45,000 last-drawn basic salary for 6 years & 9 months of service?
05:34 PM IST