Hyundai to Increase Rs.5,000 on Cost of all Models
Hyundai Motor India Ltd. announced today their plans to increase the prices on all the models in their stables starting from the Hyundai Eon to the Hyundai Santa Fe. This of course comes as no surprise as auto makers all over the country have taken to this practice of hiking up their prices. However the price hike is noticeably small as compared to most other automakers.
Wajeeh
Published On Oct 29, 2012 19:06 IST
Published OnOct 29, 2012 19:06 IST
Last Updated OnOct 29, 2012 19:06 IST
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The price will go up by as much as Rs. 5,000 on all the models in Hyundai’s stables and is set to come into effect from the 1st of November, 2012. Commenting on the reasons for this increase in prices, Mr Rakes Srivastava, Vice President – National Sales and Marketing, Hyundai Motor India Ltd. said. “The price increase has been necessitated by a variety of input costs. We have tried to minimize the price increase to cause less inconvenience to our valued customers.”
Since this is now a wide spread practice among all Indian auto makers, it is unlikely this will have any profound effect on Hyundai Motor India’s sales figures or the brands popularity in the Indian market.
Read More on : Hyundai i20 detailed review
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Raised in the Middle East, Wajeeh Khan spent most of his life in Doha, Qatar where he was originally educated in the field of communications and networking. He spent five years working and garnering experience in various fields including administration, insurance, sales and construction. However, Wajeeh has always had a deep seated passion for automotive writing, which has brought him back to his roots in India and although a fresher in the field, he is an obsessive enthusiast with an extreme and inquisitive nature and has his bases on the hows and whys of the functioning of a car, all covered.</p>
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Armed with exceptional knowledge on the workings of the English language and his obsession for cars, he hopes to make a name for himself in the field of automotive journalism.</p>
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