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Hyundai India joins the price hike brigade; To bump up car prices by 1.5-2% come January 2012!

Come January 2012, Hyundai India will join the likes of Toyota and General Motors, in hiking car prices. For a while now, car makers in India shied away from increasing car prices even though input costs, according to them, were increasing each passing month. Car makers went slow on hiking prices and car sales were showing a slump in growth and this a price hike would have only exacerbated the problem of slow car sales.

Hyundai Eon Small Car

Hyundai Eon Hatchback

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Hyundai to hike car prices from February, 2010.

Hyundai India has increased car prices of up to INR 9000. This price hike comes on the back of the rising raw material costs, steel in particular.

 

Hyundai i20 Car Green Photo, Picture & Image

Hyundai i20 Car India

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