ADVERTISEMENT
GaadiKey
  • Car News
    • Maruti Suzuki
    • Hyundai
    • Mahindra
    • Tata
    • Toyota
    • Ford
    • Nissan
    • Honda
    • Volkswagen
    • Renault
    • Kia
    • MG
    • Skoda
    • Fiat
    • Datsun
    • Mercedes-Benz
    • Volvo
    • BMW
    • Audi
    • Jaguar Land Rover
    • Lexus
    • Ferrari
    • Lamborghini
    • Maserati
    • Pininfarina
    • Tesla
  • Bike News
    • Hero
    • Bajaj
    • TVS
    • Honda
    • Yamaha
    • Suzuki
    • KTM
    • Royal Enfield
    • Mahindra
    • Harley Davidson
    • Ducati
    • DSK Benelli
    • Indian
    • Kawasaki
    • Piaggio
    • Triumph Motorcycles
    • UM Motorcycles
  • Reviews
    • Bike Reviews
    • Car Reviews
  • Photos
  • About
  • Advertise
  • Contact us
No Result
View All Result
GaadiKey
No Result
View All Result
ADVERTISEMENT
Home Cars

Hyundai to hike prices effective January 2015

Chethan Thimmappa by Chethan Thimmappa
November 23, 2018
in Cars, General, Hyundai
2
112
VIEWS
Share on WhatsappShare on FacebookShare on Twitter

hyundai i10

ADVERTISEMENT

Buying a car in 2015 is going to be a little difficult as many of the car manufacturing companies including Hyundai have announced a revision in the prices in the beginning of 2015. The recent announcement by Hyundai included the clause of raising the prices of all its models by an amount up to Rs. 25,000, and the hike will be effective from January 2015.

Though the exact hike for various models has not yet been announced, the stipulations of the simplest base model of Hyundai is being said to see a hike by Rs. 5,000, and this may go as high as 25 grand for some models. The reason for this hike is once again the non-stability of INR in the international currency market.

ADVERTISEMENT

The authorities at Hyundai announced that they had been bearing the high cost of raw material and imports despite the depreciation of the Indian Rupee, but it is high time they took some stringent steps. This is why, the decision of revising the prices of various models has been taken.

Hyundai India today has made a price hike across all its range. Hyundai India said that they would increase prices in the range of 5000 INR – 25000 INR.   The price hike would be effective by January 2015.

The Company’s decision has been made keeping the expensive imports, rising input cost, rupee depreciation and high cost of sales.

ADVERTISEMENT

Hyundai India’s vice president, sales and marketing said, “In these adverse market conditions, the price increase is necessitated on account of increase in input costs, high cost of imports due to higher rupee depreciation and high cost of sales. We have been absorbing most of the costs but are now constrained to consider price increase across all models in the range of Rs. 5,000 to Rs. 25,000, which will be effective from Jan 2015”.

Source: Auto Car India

SendShareTweet
ADVERTISEMENT
Previous Post

Fiat Abarth 595 to be launched in next month in India

Next Post

SYNC 3 introduced by Ford

Chethan Thimmappa

Chethan Thimmappa

I cover latest automobile news in India with special focus on cars and bikes. Please send me an email to reach@gaadikey.com for any enquiries.

Related Posts

Toyota Smiles Plus
Cars

Toyota launches new pre-paid service package – Smiles Plus

by Chethan Thimmappa
April 9, 2021
0

In pursuance of its Customer First philosophy and sustained commitment of providing unique customer experience through value-added services, Toyota Kirloskar Motor (TKM) has...

Read more
Renault India partners with CERO Recycling to support Scrappage Policy

Renault India partners with CERO Recycling to support Scrappage Policy

April 8, 2021
Ford opens new showroom in Goa – Kings Ford

Ford opens 2 new showrooms in Delhi NCR – Adiv Ford and Shree Pawan Ford

April 8, 2021
New BMW 6 Series

New BMW 6 Series launched in India at Rs 67.9 lakhs

April 8, 2021

Comments 2

  1. Pingback: Hyundai to hike prices effective January 2015 -...
  2. Pingback: Maruti Suzuki India joins the party of price hike - GaadiKey Blog

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent News

Jeep Financial Services

Jeep partners with Axis Bank to launch ‘Jeep Financial Services’

April 9, 2021
Toyota Smiles Plus

Toyota launches new pre-paid service package – Smiles Plus

April 9, 2021
Renault India partners with CERO Recycling to support Scrappage Policy

Renault India partners with CERO Recycling to support Scrappage Policy

April 8, 2021
Ford opens new showroom in Goa – Kings Ford

Ford opens 2 new showrooms in Delhi NCR – Adiv Ford and Shree Pawan Ford

April 8, 2021
New BMW 6 Series

New BMW 6 Series launched in India at Rs 67.9 lakhs

April 8, 2021
Mahindra XUV700

Mahindra XUV700 (XUV, 7 double ‘Oh’) SUV brand name revealed

April 8, 2021
Mercedes-Benz India sold 3193 new cars in Jan-March 2021 period

Mercedes-Benz India sold 3193 new cars in Jan-March 2021 period

April 7, 2021
Mahindra to offer Vehicle Scrapping Solution – Signs MoU with  MMRPL

Mahindra to offer Vehicle Scrapping Solution – Signs MoU with MMRPL

April 7, 2021




Archives

Test Driven

2021 Royal Enfield Himalayan Review
Bike Reviews

2021 Royal Enfield Himalayan Review

March 8, 2021
Renault Kiger Review – Is it better than Magnite?
Car Reviews

Renault Kiger Review – Is it better than Magnite?

February 22, 2021
The Royal Enfield Meteor 350 Review
Bike Reviews

The Royal Enfield Meteor 350 Review

February 17, 2021
Citroen C5 Aircross Review – Comfort Car from France
Car Reviews

Citroen C5 Aircross Review – Comfort Car from France

February 15, 2021

Search this Website

No Result
View All Result

Archives

Recent Posts

  • Jeep partners with Axis Bank to launch ‘Jeep Financial Services’
  • Toyota launches new pre-paid service package – Smiles Plus
  • Renault India partners with CERO Recycling to support Scrappage Policy
  • Ford opens 2 new showrooms in Delhi NCR – Adiv Ford and Shree Pawan Ford
  • New BMW 6 Series launched in India at Rs 67.9 lakhs

About

GaadiKey

GaadiKey blog is a one stop portal for all the latest in the automobile industry. We are a bunch of people who are passionate about bikes and cars. We share the experience, reviews and stuff connected to Gaadis.

© 2021 GaadiKey - Prime GaadiKey.

No Result
View All Result
  • Car News
    • Maruti Suzuki
    • Hyundai
    • Mahindra
    • Tata
    • Toyota
    • Ford
    • Nissan
    • Honda
    • Volkswagen
    • Renault
    • Kia
    • MG
    • Skoda
    • Fiat
    • Datsun
    • Mercedes-Benz
    • Volvo
    • BMW
    • Audi
    • Jaguar Land Rover
    • Lexus
    • Ferrari
    • Lamborghini
    • Maserati
    • Pininfarina
    • Tesla
  • Bike News
    • Hero
    • Bajaj
    • TVS
    • Honda
    • Yamaha
    • Suzuki
    • KTM
    • Royal Enfield
    • Mahindra
    • Harley Davidson
    • Ducati
    • DSK Benelli
    • Indian
    • Kawasaki
    • Piaggio
    • Triumph Motorcycles
    • UM Motorcycles
  • Reviews
    • Bike Reviews
    • Car Reviews
  • Photos
  • About
  • Advertise
  • Contact us

© 2021 GaadiKey - Prime GaadiKey.