Hyundai India announces price hike from January 1 – The Tribune-OxBig News Network

Hyundai Motor India Limited, today announced it will increase prices across its model range effective from January 1. The price increase has been necessitated owing to an increase in input costs, adverse exchange rate and increase in logistics costs.

Tarun Garg, Whole-time Director and Chief Operating Officer, said, “Our endeavor is always to absorb rising costs, ensuring minimal impact on customers. This price increase will be done across models and the extent of increase will be up to Rs 25,000.”