Hyundai Motor India (HMIL) has announced that the company will be increasing the prices across its product lineup by up to 2 per cent. However, the new Creta facelift will not be affected by this price hike. The price increase will be effective from June, 2018. The price revision comes as a result of the increased input costs and shipping expenses due to fuel price hike.
Mr. Rakesh Srivastava, Director – Sales & Marketing, HMIL said, “We have been absorbing the increase in input costs with increase in commodity prices, freight increase with hike in fuel prices and also the increase in custom duties of certain components. We are now constrained to pass the same to customers in our products with increase up to 2% from June 2018.” Read: New Hyundai Creta Vs Old – Major Changes
Just so you know, the South Korean carmaker announced price hike by 2 per cent in January, 2018. With the revision of the GST cess in September 2017, the company had increased prices of its five models – Creta, Verna, Tucson and Elantra. The Hyundai Xcent sedan and Grand i10 hatchback remained unaffected. Check Out: Upcoming Hyundai Cars in India
Hyundai recently announced prices of the new Creta facelift and confirmed that its deliveries will commence by the end of this month. For 2018 model, the SUV receives multiple design and feature upgrades. Though, the powertrains and transmission options remain unchanged. One of the major updates that has been made to the new Creta is the addition of the electric sunroof. However, it is exclusively offered on the top-spec trims of the SUV.
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