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Hyundai to Hike Prices by Up to 2% in January 2009

Posted on December 29th 2008

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hyundai to hike pricesHyundai Motor India is planning to hike the prices of its cars by up to 2 percent in Jan’09.

Raw material prices, labour costs and other input costs have increased. We are looking to increase the prices by less than two per cent in January.


- Mr. Lheem said.

Hyundai introduced its new 5-door i20 on Monday. The Hyunda i20 is priced between Rs 4.8 lakh – 5.8 lakh. The i20 is available in 3 variants : i20 Manga at Rs 4.79 lakh, i20 Asta at Rs 5.59 lakh and i20 Asta (O) at Rs 5.81 lakh at ex-showrooms in Delhi.

The company aims to sale 15K cars of i20 in country and export 200K cars worldwide.

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