Quarterly Result5 Dec 2024, 04:50 pm
Hyundai Motor India to Increase Car Prices by up to Rs 25000 from January 1, 2025
AI Summary
Hyundai Motor India Limited (HMIL) has announced a price increase across its model range effective from January 1, 2025. The price increase is due to an increase in input costs, adverse exchange rate, and increase in logistics costs. The extent of increase will be up to Rs 25000 across all MY25 models.
Key Highlights
- Hyundai Motor India to increase car prices from January 1, 2025
- Price increase due to rise in input costs, adverse exchange rate, and logistics costs
- Price adjustment up to Rs 25000 across all MY25 models
- Hyundai's endeavor has always been to absorb rising costs, ensuring minimal impact on customers
- Price increase necessary due to sustained increase in input cost