Earlier, when Hyundai announced that it won’t be hiking prices of its cars for the upcoming year, Honda Cars accompanied it stating the same.
Image for representation.
Hyundai Motor India has joined the slew of manufacturers that have announced a price hike with effect from next year. While the company has not announced any specifications of the price hike, it reasoned the hike due to higher input costs in India. The country’s largest carmaker Maruti Suzuki India said it will hike prices of its vehicles from January to offset rising input costs. Other car manufacturers such as Toyota, Mahindra and Mahindra and Mercedes-Benz said they are also contemplating a similar move.
Earlier, when Hyundai announced that it won’t be hiking prices of its cars for the upcoming year, Honda Cars accompanied after its India Senior Vice-President and Director, Marketing and Sales, Rajesh Goel said, “We do not have a price increase plan from January. Going forward, as we sequentially introduce BS-VI versions of our products, the relevant BS-VI prices will be applicable and the ongoing offers available on BS-IV versions might not be extended to BS-VI versions.