Hyundai Motor India to hike prices across models amid higher costs

Quick Summary:

Hyundai Motor India said on Thursday it would hike prices across all its models by up to 25,000 rupees ($295.07), as the newly-listed automaker seeks to mitigate the impact of rising costs.

The price increase will come into effect from Jan.1, 2025, the country's No.2 carmaker by market share said.

Rival Tata Motors also increased prices of its commercial vehicles twice in 2024.

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Category: EconomyBusiness

Markets: SingaporeIndia

Topics: Hyundai Increase Rising Price Costs Motor 2024 Prices Hike Models India

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-05 @ 15:34:19 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 281 words

Reading Time: 2 minutes read

Sentences: 11 lines

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Copyright Owner: © Channel News Asia

News ID: 24134591

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