Hyundai announces price hike across product range

Team OD Published: March 04, 2016, 05:20 PM IST

After the 2016 Auto Budget was announced, most car manufacturers have begun revising prices across their line-up in India. Recently Mercedes-Benz revised prices by around three and five percent depending on the model. Today, Hyundai Motor India Ltd has announced a price hike across its model range with the amount ranging from Rs 2,889 to Rs 82,906.

Rakesh Srivastava, senior vice president, sales and marketing, Hyundai Motor India Ltd 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."

Creta 1

Revised Ex-showroom, Delhi prices

Model                Price hike

Eon                   Rs 2,889

i10                     Rs 3,848

Grand i10         Rs 4,286

Xcent                Rs 4,726

Elite i20           Rs 4,886

i20 Active        Rs 5,857

Verna                Rs 5,677

Creta                 Rs 27,192

Elantra              Rs 45,044

Santa Fe            Rs 82,906

Also from Overdrive

Mercedes-Benz India increases prices of all models by up to five per cent

Auto Budget 2016: Luxury cars and SUVs to become more expensive


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