Hyundai hikes prices of all models

  • Apr 1, 2013
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Hyundai has announced an increase in price in the range of Rs 575 to Rs 2,830 across all its model range

Hyundai Elantra

India's second largest passenger car maker, Hyundai, has once again hiked prices of all the cars in its stable. This is the second price increase by Hyundai this year since February 1 when prices of all its models went up by Rs 20,000. Also Read: Hyundai executes steep price hike

Commenting on the price hike, Rakesh Srivastava, Vice President, Sales and marketing, said, “The price increase was necessitated due to On Board Diagnostic Compliance Changes (OBDC). We have increased the prices in the range of Rs 575 to Rs 2,830 across all the models. We have tried to absorb the maximum cost to minimise the price increase to cause less inconvenience to our valued customers.”

Hyundai hikes prices of all models
Aside from Hyundai, Maruti Suzuki and Honda too had upped prices of their offerings in January this year. Further, Mercedes-Benz was also scheduled to announce a hike in its price from April 1, but the Pune-based luxury car manufacturer is yet to make an official announcement. Also Read: Mercedes-Benz to increase prices of all models from April

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