Hyundai Motor India hikes prices

01 Feb 2013

1

Hyundai Motor India Ltd (HMIL), the country's largest passenger car exporter and second largest car manufacturer afte Maruti Suzuki, has hiked prices across all its models, starting from Eon to Santa Fe.

The price increase, which are in the range of Rs4,201-Rs20,878, take effect from 1 February 2013.

''On account of rise in input cost and fluctuation in currency, the price hike has been necessitated. We have tried to absorb the maximum cost to minimise the price increase to cause less inconvenience to our valued customers,'' said HMIL vice president (sales and marketing) Rakesh Srivastava.

HMIL, a wholly-owned subsidiary of South Korea's Hyundai Motor Company, currently markets nine passenger car models across segments.

Model wise price hike:

Model
Fuel type
Increase upto
Eon Petrol/LPG
5,000
Santro Petrol/LPG
4,201
i10 Petrol/LPG
5,000
Sonata Petrol
17,187
Santa Fe Diesel
20,878
i20 Petrol/Diesel
Petrol
Diesel
8,658
5,708
Verna Petrol/Diesel
8,500
6,453
Elantra Petrol/Diesel
13,212
12,631

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