From April April, the passenger car has been more expensive to commercial vehicles. Recently, companies like Tata Motors, Maruti Suzuki and Kia have announced the rise in prices of their cars. This time the list is named Hyundai. Currently, India's third largest passenger car maker has decided to increase the price of four wheel cars up to 5 percent in April.
Hyundai is raising the price of cars from April
Hyundai is increasing the price of vehicle due to increasing production costs, increasing the price of the product and the higher management cost. The price rise will depend on the model and variants. The South Korean company sells popular cars like Grand I10 NIOS, I20, Aura, Verna, Venue, Venue, Creta, Alcazar, and Tukson in India. Again their electric models include Creta EV and IoniQ 5.
Hundai Motor India Director and Chief Operating Officer Tarun Gorg said, “In Hyundai Motor India, we try to pay as much increasingly as possible, so that our customers do not have the minimum impact.
He added, “This price rise will be effective from April 2021. We are committed to continuous internal efforts to reduce any impact on our valuable customers in the future.” It should be noted that car makers usually increase the price of the car twice every year. In January, the price of Hyundai cars increased by up to Rs. In addition to Hyundai, companies like Maruti, Tata, Kia and Reno will increase the price of cars from next month.
