Hyundai Motor will increase the prices of its cars except Creta
Hyundai Motor India (HMIL) said on Tuesday that the company will increase the prices of all models of its cars, except the newly launched CRATA, by two percent from June 2018. The company has described the increase in costs as a factor for this increase. HMIL sells the small car priced at Rs 3.3 lakh ranging from Ian to premium SUV Tucson with a price of Rs 25.44 lakhs.
Therefore increased prices
HMIL's sales and marketing director Rakesh Srivastava said that the company has so far incurred the increase in the cost of making the car due to the increase in commodity prices, the cost of fuel, and the cost of freight traffic of some of the equipment. .
Creta has not included
He further said that we are now obliged to distribute the increase in this cost to our customers, due to which, we are increasing prices of our products by 2% by June 2018. However, this increase has not included SUV Car Crata not worth Rs 9.44 lakh starting on Monday, priced at Rs 15.03 lakh.
