Hyundai to hike prices of all models

NEW DELHI - Hyundai Motor India Thursday said it would increase the prices of all models by up to 1.2 percent from Sep 1 due to the rise in input costs.

“There has been an increase in the input costs for car manufacturers. We have tried to absorb as much of the cost as we can, to cause as less inconvenience as possible to our valued customers,” said Arvind Saxena, director marketing, HMIL.

HMIL currently produces six lakh units per annum of its six models, including Santro Zing, i10 and i20, at its two plants in Sriperumbudur, Tamil Nadu.