Hyundai has announced a price hike of up to Rs 20,000 across its model range from February 2013 in the face of rising input costs and inflation.
"On account of rise in input cost and fluctuation in currency, we will increase the prices up to Rs 20,000 by February 1, 2013 across all the models starting from Eon to Santa Fe SUV," Hyundai Motor India Ltd (HMIL) Vice President, Sales and Marketing Rakesh Srivastava said.
The hike was imminent as always, as Maruti Suzuki too announced a price hike across its models by upto Rs 20,000.
"On account of rise in input cost and fluctuation in currency, we will increase the prices up to Rs 20,000 by February 1, 2013 across all the models starting from Eon to Santa Fe SUV," Hyundai Motor India Ltd (HMIL) Vice President, Sales and Marketing Rakesh Srivastava said.
The hike was imminent as always, as Maruti Suzuki too announced a price hike across its models by upto Rs 20,000.
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