News
Hyundai plans to increase prices across its model range by up to Rs 25,000. The revised prices will be effective from January 1, 2025.
According to the company, prices are being hiked due to an increase in input and logistics costs and adverse exchange rates.
Tarun Garg, Whole-time Director and Chief Operating Officer, HMIL, said, “At Hyundai Motor India Limited, our endeavor is always to absorb rising costs to the extent possible, ensuring minimal impact on our customers. However, with the sustained increase in input cost, it has now become imperative to pass on a part of this cost escalation through a minor price adjustment.”