After Nissan, its the Korean major Hyundai which plans to increase its car prices from 1st November ie tomorrow. The company has announced that prices of all models will be hiked by up to Rs. 5,000
“The price increase would be up to Rs 5,000 across models and would come into effect from November 1, 2012”, the company mentioned in a statement.
The company is hiking prices of its entire line-up due to rise in input costs. HMIL Vice-President Mr. Rakesh Srivastava said: “The price increase has been necessitated by a variety of input costs”.