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Hyundai announces price hike
14 Feb 2009 9:59 PM by Rameshwar in Indian Car Market,

Hyundai Motor India  announced an increase in the prices of Santro , i10 and Accent across all its variants upto 3%.The price hike is due to the increase in its input cost.After the price hike , Santro will be costlier by Rs 3 , 601 to Rs 5 , 163 , the premium hatchback i10 will be increased by Rs 3 , 974 to Rs 7 , 637 and the prices of Accent have gone up by Rs 14 , 636.

The newly-launched premium hatch i20 and the premium luxury car Sonata remains unchanged as they are still under the introductory pricing. The new Verna launched this week sports a revised price tag.Last December HMIL had reduced the prices after the government’s announcement of a 4% reduction in Cenvat. The new prices are applicable with immediate effect.

Comments (1)
on 27 Feb 10 at 10:05 AM

It is bad to hear that the car dealers are increased excise duty with immediate effect. My suggestion is decrease the ex-show room price of the vehicle to compensate the excise duty. Recently the State govt. of andhra pradesh has increased the road tax up to 3%. Middle class families dream is to own a car but its seems to be not coming true. Indeed i planning to go for a i10 but i postponed due to hike. Like me so many customers may withdraw or postpone their dream car. I suggest the companies give promotional offers like insurance free or accessories to attract the customers. If u r providing any offers please do inform me.

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