Hyundai plans to raise the price of its entire model line in India by up to INR30,000 (US$467).
Apart from the recently launched Creta SUV, the price of the complete range will be increased from 1 August, ETAuto.com reported.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Hyundai Motor India sales and marketing chief Rakesh Srivastava said: “The price increase has been necessitated by an increase in input costs. We have been absorbing most of the costs but now we [must impose] the price increase in [this] challenging market.”