Hyundai cars in India to get costlier from January 2024

Posted on:
Key Points

New Delhi [India], December 7 (ANI): Cars manufactured by Hyundai Motor India will cost more starting January 2024..

The automaker announced on Thursday that the price increase was needed owing to rising input costs, an adverse exchange rate, and an increase in commodity prices, amongst other reasons...

However, the automaker maintains it will continue to make consistent internal efforts to minimise future price impacts on customers...

The line-up consists of 13 car models across segments, Grand i10 NIOS, i20, i20 N-Line, AURA, EXTER, VENUE, VENUE N-Line, VERNA, CRETA, ALCAZAR, TUCSON, KONA Electric and all-electric SUV IONIQ 5.. Recently, automaker Maruti Suzuki also announced it will again increase the prices of its cars from January...

According to the automaker, the proposed hike was necessitated due to an increased cost pressure driven by overall inflation and increased commodity prices..

You might be interested in

Hyundai to increase vehicle prices from January 1

07, Dec, 23

The price increase is owing to rising input cost, adverse exchange rate and increase in commodity prices, amongst other reasons. Automaker Hyundai Motor India Ltd

Maruti Suzuki, M&M, Audi plan price hikes in January

27, Nov, 23

New Delhi, Nov 27 (PTI) Automakers Maruti Suzuki, Mahindra & Mahindra and Audi India on Monday announced plans to hike prices of their passenger vehicles in January 2024 citing reasons, including cost pressure driven by overall inflation and increased commodity rates. Besides, Tata Motors and Mercedes-Benz India are mulling increasing the prices of their models […]

Toyota Fortuner, Innova Hycross and Glanza get a price hike from July 5. Check new prices

07, Jul, 23

Toyota Kirloskar Motor has implemented price hikes for its entire range of vehicles in India due to rising input costs. The price increase varies across models and variants, with an estimated overall difference of 1.5-2%. This is the second price hike by the automaker in the current fiscal year.

Hyundai Motor's unit to buy General Motors' India plant

16, Aug, 23

South Korea's Hyundai Motor Co (005380.KS) said on Wednesday its Indian unit will buy automaker General Motors' (GM.N) Talegaon plant in the Indian state of Maharashtra.

Maruti Suzuki to increase car prices from January 2024

27, Nov, 23

New Delhi [India], November 27 (ANI): Automaker Maruti Suzuki is yet again set to increase the prices of its cars in January. According to the automaker, the proposed hike was necessitated due to an increased cost pressure driven by overall inflation and increased commodity prices. “While the company makes maximum efforts to reduce cost and […]