No Impact on the Newly Launched Global SUV Hyundai CRETA
Hyundai Motor India Ltd. announced the price increase in all its models except the newly launched Global SUV Hyundai CRETA.
Commenting on the price increase Mr. Rakesh Srivastava, Sr. Vice President – sales and marketing, Hyundai Motor India Ltd., said, “The price increase has been necessitated by increase of input costs. We have been absorbing most of the costs but now we are constrained to consider the price increase in these challenging market environment.”
The price increase would be up to Rs.30,000 across models except newly launched Hyundai CRETA and would come into effect from Aug 01,2015.