Hyundai India, in an official communication has announced a price hike coming this January. Being the country’s second largest car manufacturer, this news will end up affecting a lot of people as they are planning to bring this price hike on their entire Indian line-up.
The company management has decided on taking this step due to rising input costs and high rupee depreciation against the US dollar which has made importing parts costlier than before. While rising prices have been known to be plaguing manufacturers for a long time now, the issue of rupee depreciation seems to be well on the paths of stabilizing.
The official statement goes on to add that all models will see an increment in prices anywhere between Rs 5,000 to Rs 25,000, depending on the model and variant.
December Delight
This makes December a great time to buy your favourite Hyundai, as the company also has an attractive December Delight scheme to attract more and more customers. These offers include exchange bonus and corporate benefits: