Hyundai announces price increase across all models

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Price hike ranges from Rs. 2,889 to Rs. 82,906

Hyundai Motor India Ltd. (HMIL), the country’s largest passenger car exporter and second largest car manufacturer announced the price increase across all its models with effect from March 01, 2016 on account of the new levies announced in the Union budget.

Commenting on the price hike, Mr. Rakesh Srivastava, Sr. Vice President, Sales and Marketing said, “The new levies in Union Budget 2016 have led to price increase across the models ranging from Rs 2,889 to Rs. 82,906. Today’s customers are discerning on net off value offerings. The change in price value equations could alter the overall demand, from with-in the segment to across the segments and fuel types.”

Price Ex- showroom, New Delhi
Car Base Price Hike (Rs.)
Eon 2,889
i10 3,848
Grand 4,286
Xcent 4,726
Elite i20 4,886
Active 5,857
Verna 5,677
Creta 27,192
Elantra 45,044
Santa Fe 82,906