Hyundai Motor hikes i10 prices by Rs 5,000 - Team-BHP

mrkanitkar · 5th January 2008, 19:54

Hyundai Motor hikes i10 prices by Rs 5,000- Automobiles-Auto-News By Industry-News-The Economic Times

CHENNAI: Hyundai Motor India (HMIL) on Friday increased the prices i10 by up to Rs 5,000. The company said price hike would be across all variants and would go up to Rs 5,000. The hike would be effective from January 12, HMIL said in a statement.

HMIL is also considering to revise prices of other models in the next few weeks, the statement said. “We had launched the i10 in the Indian market with an introductory price to increase its appeal to a wide range of customers but with our input costs rising, we are increasing the prices marginally for the i10,” HMIL senior V-P, marketing and sales, Arvind Saxena said.
------------
Looks Hyundai is in mood of celebrate i 10 success. Pricese going northward.

BUSA · 5th January 2008, 20:18

Well, its not only Hyundai but other manufacturers are also planing to or already have hiked prices. Every year manufacturers hike prices, dont they?

burnt. · 5th January 2008, 20:27

The increase is on expected lines and the increase is only marginal. Seeing a lot of i10s on the road. It seems to be a huge hit, at least over here.

ram_hyundai · 5th January 2008, 22:03

they are the first to increase the price and so the sales would be affected as i10 was already priced high compared to the competition.i10 sales havent burnt sales chart in this part of india till date.have seen only few on road.supplies are also an issue .
ram

esteem_lover · 5th January 2008, 22:19

Another price hike to be followed by discounts during the next festive season, its a merry go round, isn't it ?

CrAzY dRiVeR · 6th January 2008, 01:23

Quote:

Originally Posted by ram_hyundai

they are the first to increase the price and so the sales would be affected as i10 was already priced high compared to the competition.i10 sales havent burnt sales chart in this part of india till date.have seen only few on road.supplies are also an issue .
ram

I feel just the opposite.

Agree with 'burnt'. i10 seems to be a big hit! Seeing lot of new cars around. Have to respect Hyundai for the effort. Truly, its a wonderful small hatch!

mrkanitkar · 6th January 2008, 09:27

Since Maruti continued to Discount in new year, Hyundai may see slow sales in future.

jerish666 · 6th January 2008, 16:36

Quote:

Originally Posted by mrkanitkar

Since Maruti continued to Discount in new year, Hyundai may see slow sales in future.

But there wasnt no discount for swift.So it wont affect i10.

CrAzY dRiVeR · 6th January 2008, 19:43

Quote:

Originally Posted by jerish666

But there wasnt no discount for swift.So it wont affect i10.

Swift petrol has been discounted. Its only the diesel Swift and Sx4 that has been untouched.

jerish666 · 6th January 2008, 20:45

Quote:

Originally Posted by CrAzY dRiVeR

Swift petrol has been discounted. Its only the diesel Swift and Sx4 that has been untouched.

But when i asked popular and indus they said nothing for swift diesel and petrol as well.

girishg · 6th January 2008, 20:58

discounts have dried up on the petrol swift since the launch of the diesel.

dealers do not have too much stock in hand of either models hence the lack of discounts.

blue_pulsar · 6th January 2008, 21:29

Quote:

Originally Posted by jerish666

But there wasnt no discount for swift.So it wont affect i10.

i10 is not competing with Swift. Estilo and WagonR are its competitors

kjdesigns_2000 · 6th January 2008, 21:53

Quote:

Originally Posted by blue_pulsar

i10 is not competing with Swift. Estilo and WagonR are its competitors

True,

i10 is competition for Estilo and WagonR
Getz is competition for Swift

bmdesai1987 · 6th January 2008, 22:21

i dont see many of them, after a bursting market sales record. In Gujarat the sales seems not too high. Can anyone get the figures correct.

By the way whats the reason for price hike?

blue_pulsar · 6th January 2008, 22:27

Quote:

Originally Posted by bmdesai1987

i dont see many of them, after a bursting market sales record. In Gujarat the sales seems not too high. Can anyone get the figures correct.

By the way whats the reason for price hike?

I have seen quite a few of them in Bangalore here. Silver, Gold and Blush Red seem to be the popular colors here.

5th January 2008, 19:54	#1 (permalink)
mrkanitkar BHPian Join Date: Aug 2007 Location: Pune Posts: 156	Hyundai Motor hikes i10 prices by Rs 5,000 Hyundai Motor hikes i10 prices by Rs 5,000- Automobiles-Auto-News By Industry-News-The Economic Times CHENNAI: Hyundai Motor India (HMIL) on Friday increased the prices i10 by up to Rs 5,000. The company said price hike would be across all variants and would go up to Rs 5,000. The hike would be effective from January 12, HMIL said in a statement. HMIL is also considering to revise prices of other models in the next few weeks, the statement said. “We had launched the i10 in the Indian market with an introductory price to increase its appeal to a wide range of customers but with our input costs rising, we are increasing the prices marginally for the i10,” HMIL senior V-P, marketing and sales, Arvind Saxena said. ------------ Looks Hyundai is in mood of celebrate i 10 success. Pricese going northward.

5th January 2008, 20:18	#2 (permalink)
BUSA Senior - BHPian Join Date: Aug 2005 Location: Bombay Posts: 5,052 View My Garage	Well, its not only Hyundai but other manufacturers are also planing to or already have hiked prices. Every year manufacturers hike prices, dont they? __________________ Got Bhp? Team-Bhp.com

5th January 2008, 22:03	#4 (permalink)
ram_hyundai Senior - BHPian Join Date: Jun 2006 Location: trivandrum,alleppey Posts: 1,807 View My Garage	they are the first to increase the price and so the sales would be affected as i10 was already priced high compared to the competition.i10 sales havent burnt sales chart in this part of india till date.have seen only few on road.supplies are also an issue . ram __________________ *Back home after a looong break he he he*

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5th January 2008, 20:27	#3 (permalink)
burnt. BHPian Join Date: Jun 2007 Location: Trivandrum Posts: 214	The increase is on expected lines and the increase is only marginal. Seeing a lot of i10s on the road. It seems to be a huge hit, at least over here.

5th January 2008, 22:19	#5 (permalink)
esteem_lover Senior - BHPian Join Date: Jul 2006 Location: Madras Posts: 6,266 View My Garage	Another price hike to be followed by discounts during the next festive season, its a merry go round, isn't it ?

6th January 2008, 09:27	#7 (permalink)
mrkanitkar BHPian Join Date: Aug 2007 Location: Pune Posts: 156	Since Maruti continued to Discount in new year, Hyundai may see slow sales in future.

6th January 2008, 20:58	#11 (permalink)
girishg BHPian Join Date: Aug 2006 Location: new delhi Posts: 87	discounts have dried up on the petrol swift since the launch of the diesel. dealers do not have too much stock in hand of either models hence the lack of discounts.

6th January 2008, 22:21	#14 (permalink)
bmdesai1987 BHPian Join Date: Nov 2006 Location: Bharuch, Gujarat, India Posts: 115	i dont see many of them, after a bursting market sales record. In Gujarat the sales seems not too high. Can anyone get the figures correct. By the way whats the reason for price hike?