Hyundai Motor India Ltd. (HMIL) has announced the price increase for its entire line-up, with immediate effect.
Commenting on the price hike, Mr. Rakesh Srivastava, Sr. Vice President, Sales and Marketing said –
“In these adverse market conditions, the price increase is necessitated on account of the higher excise duty and increased input cost. We have increased the prices across all models starting from Eon to Santa Fe in the range of Rs.15, 000 – 1, 27,000 effective from January 01, 2015.”
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