Hyundai announces the price hike for all cars in India

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(added few years ago!)

After everyone in the lane, Hyundai has also announced the hike in prices of all their cars in India. The price hike is effective from January 1, 2014 and the reason Hyundai has is same like every other carmaker has: the working costs, increase in input costs and the Rupee depreciation.

Adding a few words to the price hike, Mr. Rakesh Srivastava the Senior Vice President of Sales and Marketingg said, “In these adverse market conditions there is a continuous increase in input costs on account of rupee depreciation and inflationary trends, this has made the price increase inevitable. We have been absorbing most of the costs but now we are compelled to consider the price increase. The quantum of price increase will vary from Rs. 5,000 to Rs. 20,000 across all our models.”

Tags : Hyundai price hike 2014, Hyundai price rise of all cars India, Hyundai price rise 2014

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(added few years ago!) / 1016 views
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