Hyundai to hike car prices from 1 Feb by up to `20,000
Move follows price hike by Maruti Suzuki for different models
New Delhi: Hyundai Motor India will increase prices of its vehicles by up to ₹ 20,000 across all models by 1 February.
“On account of rise in input cost and fluctuation in currency, we will increase the prices up to ₹ 20,000 by 1 February 2013 across all the models starting from Eon to Santa Fe SUV," Hyundai Motor India Ltd (HMIL) vice president, sales and marketing Rakesh Srivastava said.
The company sells a range of vehicles starting from the entry level hatchback Eon priced at ₹ 2.77 lakh— ₹ 3.83 lakh to luxury SUV Santa Fe tagged at ₹ 22.61 lakh— ₹ 25.63 lakh (ex-showroom Delhi).
Rival and market leader Maruti Suzuki India has increased the prices of its different models, except the imported sedan Kizashi and SUV Grand Vitara, by up to ₹ 23,000 fromWednesday.
Post the increase the M800 will be costlier by up to ₹ 2,500 from its existing price of ₹ 2.08 lakh— ₹ 2.33 lakh (ex-showroom Delhi).
Similarly, the company’s hot selling model Swift will be dearer by up to ₹ 5,000 from the current price of ₹ 5.57 lakh— ₹ 6.82 lakh (ex-showroom Delhi).
On the other hand, the company’s compact sedan Dzire will see a price hike of up to ₹ 10,000 from ₹ 4.91 lakh— ₹ 7.4 lakh (ex-showroom Delhi).
The company’s multipurpose van Ertiga, currently priced at ₹ 5.9 lakh— ₹ 8.63 lakh, will become costlier by up to ₹ 7,800.
The steepest price increase of ₹ 23,000 will be on the cargo version of its van Eeco, which was tagged at ₹ 3.9 lakh (ex-showroom Delhi).
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