Hyundai to hike prices by up to 2% from January 2018


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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