Hyundai Motor India joins the list of automakers that have announced price hike from January 2018. HMIL announced that the company will increase the prices by up to 2 per cent from January, citing rising input costs.
Rakesh Srivastava, Director – Sales & Marketing, said, “We have been absorbing the increase in input and material costs but now are constrained to increase the prices by 2 percent.”
The price hike will be applicable right from the entry level Eon hatchback to the premium Tucson SUV which currently retails at a starting price of Rs 18 lakh ex-Delhi. The company had recently launched Tucson 4WD as well.
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