Hyundai to increase prices by up to 2% from January

Hyundai Motor India Ltd. announced a price increase up to 2%. The revised prices to be implemented from beginning of next year.

Rakesh Srivastava, Director – Sales & Marketing, HMIL said, “We have been absorbing the increase in input and material costs but now are constrained to increase the prices up to 2%.”

Earlier Tata Motors said that it would be increasing prices ofits entire passenger vehicles range by up to INR. 25,000, starting January 2018. This increase in price is due to rising input costs.

Yash Ved
Yash Ved is a Senior Correspondent at NewsBarons and comes with a decade of experience across leading online and offline publications. A keen observer of the stock index movement, Yash also likes covering Real Estate and the BFSI sector. A financial management and Journalism student, Yash believes learning as a continuous journey and enjoys following the IT and the Pharmaceutical industry and has penned many articles on the subjects.