Thinking of buying a new car early next year? Well, you might as well consider buying one this Christmas season. With car manufacturers announcing price hike one after the other, Hyundai has also joined the fleet to hike prices. All cars in Hyundai’s passenger car line-up will be dearer up to 2 per cent from January next year, depending on model and variant.
“We have been absorbing the increase in input and material costs but now are constrained to increase the prices up to 2 per cent”, said Rakesh Srivatsava, director of sales and marketing for Hyundai India, on the price hike.
The months of November and December witnessed several car manufacturers starting with Isuzu, Toyota, Mahindra, Tata, Volkswagen and Renault hiking prices across their model range.