Hyundai to hike car prices by 2%

The increased prices will be applicable for all Hyundai cars except the newly-launched The New 2018 CRETA, said a release.

May 22, 2018 01:30 pm | Updated 01:35 pm IST - Chennai

 

Car-maker Hyundai Motor India Ltd. (HMIL) has announced a price increase up to 2%. 

The revised prices will be implemented from June. 

“ 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. We are now constrained to pass the same to customers with a increase of up to 2% from June 2018,” said  Rakesh Srivastava,  director (sales & marketing), HGMIL.

The increased prices will be applicable for all Hyundai cars except the newly-launched The New 2018 CRETA, said a release.

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