TIL Desk/Business/New Delhi-Hyundai Motor India Ltd, on Friday, said it will increase prices by up to Rs 15,000 across models from August 16 to offset rising input costs and impact of rupee depreciation.
“The rupee depreciation and the increase in input costs have impacted our overall cost. We have been absorbing most of the cost. Now, we have been compelled to increase prices,” Hyundai Motor India Ltd (HMIL) senior vice-president (sales & marketing) told.
The increase in prices will range from Rs 3,000 to Rs 15,000 across models, he said, adding that “we are currently working out the details”. He further said the price hike will be effective August 16, 2016. HMIL sells a range of vehicles starting from entry-level small car Eon to premium SUV Santa Fe, which are priced between Rs 325,000 and Rs 31.75 lakh.

कोयंबटूर में 77वें स्वतंत्रता दिवस 11 मीटर ऊंचा स्टील टावर पर घुमावदार एलईडी स्क्रीन
Elvish Yadav wins Bigg Boss OTT season 2, fans erupt in joy
Glimpses from 77th Independence Day at Red Fort in Delhi
सीएम योगी ने 77वें स्वतंत्र दिवस पर किया ध्वजारोहण
Happy 77th Independence Day
President raises climate change concerns in I-Day eve speech
Next year, on August 15 from Red Fort: PM Modi’s big remark on 2024
‘Bharat Mata is voice of every Indian’: Rahul extends wish on Independence Day
“Selfishness of few pushed nation to tragedy of Partition”: CM Yogi Adityanath 