Hyundai Motor India announces price hike up to 1.2%

Hyundai Motor India, the country’s largest exporter and the second largest car manufacturer would be increasing the prices of its products by up to 1.2% across all models, from the 1st of September 2010. This increase is attributed to the increase in input costs.

Announcing the hike in prices, Mr. Arvind Saxena, Director, (Mktg. & Sales) Hyundai Motor India Ltd said, “There has been an increase in the input costs for car manufacturers. We have tried to absorb as much of the cost as we can, to cause as less inconvenience as possible to our valued customers.”