Hyundai Motor India hikes prices

Date: 02 Apr 2013

Hyundai Motor India Ltd. (HMIL), the country’s largest passenger car exporter and second largest car manufacturer has announced the price increase on across all its models starting from Eon to Santa Fe. Commenting on the price hike, Rakesh Srivastava, Vice President, Sales and marketing said, “The price increase was necessitated due to On Board Diagnostic Compliance Changes (OBDC). We have increased the prices in the range of Rs. 575 to Rs. 2,830 across all the models. We have tried to absorb the maximum cost to minimise the price increase to cause less inconvenience to our valued customers.”

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