Hyundai To Hike Prices Of Most Models By Rs 9200

• The price hike is due to increased costs to comply with the stricter safety regulations.
• Most of the models sold by Hyundai will be subject to the latest price hike.
• The Santro will now be priced from Rs 3.99 lakh - Rs 5.76 lakh (ex-showroom Delhi).

Hyundai India has announced that it will hike the prices of all its models except the Venue and the recently launched Kona Electric by Rs 9,200 from August 1. Hyundai claims that the price hike is a result of increased input costs and changes made to its cars to make them comply with new safety regulations. 

Currently, Hyundai sells 11 models across various segments in the country. These include the Santro, Grand i10, Elite i20, Active i20, Xcent, Verna, Elantra, Venue, Creta, Kona Electric and the Tucson. The Elite i20, Venue and Creta are regular features on the list of  top 10 best-selling cars in India. The brand also made headlines with the Kona Electric as it is the first long-range electric car to be sold in the country.

Find Hyundai’s official statement below:

Hyundai Motor India to hike prices from August 2019

New Delhi, July 23, 2019: Hyundai Motor India Ltd, India’s First Smart Mobility Solutions Provider and largest exporter since inception, today announced a price increase up to Rs 9,200/- on account of increase in input costs due to new enhanced safety regulations in cars by the government. The new prices will be effective from August 1, 2019 across all models.

About HMIL

Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company (HMC). HMIL is the second largest car manufacturer and the number one car exporter since inception in India. It currently has ten car models across segments SANTRO, GRAND i10, ELITE i20, ACTIVE i20, XCENT, VERNA, ELANTRA, VENUE, CRETA & TUCSON. HMIL’s fully integrated state-of-the-art manufacturing plant near Chennai boasts advanced production, quality and testing capabilities.

HMIL forms a critical part of HMC’s global export hub. It currently exports to around 91 countries across Africa, Middle East, Latin America, Australia and Asia Pacific. To support its growth and expansion plans, HMIL currently has 494 dealers and more than 1,319 service points across India. In its commitment to provide customers with cutting-edge global technology, Hyundai has a modern multi-million-dollar R&D facility in Hyderabad. The R&D centre endeavours to be a center of excellence in automobile engineering.