on 25, May 2018

Recently we have seen a considerable increase in fuel prices and also increase on CKD (Completely Knocked Down) components in India. This has directly begun to take a toll on the prices of automobiles in the nation.


Now Hyundai has officially announced that they will be increasing the prices of all it cars which are being sold in India. This will be a two percent increase in its product range which will take effect from the 1st of June 2018.


Rakesh Srivastava the Director of sales and marketing for Hyundai Motor India has said that, they have absorbing the increase in input cost along with the increase in commodity prices. In addition to this, there has been an increase in fuel prices as well as custom duties.  Hence they have been forced to increase the prices and pass it on to the customers. 


The Korean car manufacturer has also announced that the recently launched Creta facelift will not be get the price hike. Possibly the 2018 Creta is launched incorporating the price revision. As compared to the launch of their other vehicles, the 2018 Creta was not offered with an introductory price scheme.


This is the second time in 2018 that we see a price hike in the range of Hyundai car. During the month of January 2018, the Korean car manufacturer had increased the price by two percent due to a series of price revision by all automotive manufacturers.


So hurry up, if you are interested in buying a Hyundai, this will be the best time before the prices shoot up. We at MyNewCar will help you buy the best car with better offers and discounts without the hassle of running behind every dealer for the same. Give us a call at 022-45020304 and our executives will help you with your enquiry.


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