Hyundai Motor India Ltd (HMIL) on Friday increased prices of all its car models in range of Rs 362 to Rs 2,816 on account of the increased cess announced in this year’s budget. Post increase, the company’s flagship hatchback Santro would become costlier by Rs 362 to Rs 562. At present HMIL sells Santro’s base model at Rs 2,69,999 (ex-showroom Delhi). It’s premium hatchback Getz, being sold at Rs 3,99,999 (ex-showroom Delhi), would become costlier in a range of Rs 753-Rs 923 across different variants. The company said after the price hike its sedan Accent would be dearer by Rs 999 while the newlylaunched Verna would become expensive in a range of Rs 1,183 to Rs 1,420. The base model of Accent is priced at Rs 5,31,187 and that of Verna is available for Rs 6,24,999 (ex-showroom Delhi). In the premium luxury segment Sonata Embera would be costlier between Rs 2,470 and Rs 2,816. Sonata Embera is being presently sold at Rs 12,95,000. The company, however, said it will not tinker the prices of its SUV Tuscon. The price hike on its car models follows the increased cess announced in this year’s budget.
Courtesy: EconomicTimesFor more detail on Retail India visit: www.retailindia.tv
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