Hyundai Motor India Limited (HMIL) hiked prices of all models which have been affected by GST Cess amendments made by the government.
The company announced the revision of prices post GST Cess amendment on the bestselling ELITE i20, NEXT GEN VERNA, CRETA, ELANTRA and TUCSON while the price on its compact cars and sedan remains unaffected.
The price hike will range from 2 to 5%. The new prices are effective from September 11, 2017. Revised price range on Ex-showroom Delhi is as follows:
|Model||Price Range (Rs.) Ex-Showroom -Delhi|
|Elite i20 (1.4 L Petrol AT only)||12,547|
|Next Gen Verna||Upto 29,090|
|Creta||20,900 – 55,375|
|Elantra||50,312 – 75,991|
|Tucson||64,828 – 84,867|
The prices of Eon, Grand i10, Xcent compact sedan were not affected.
Hyundai India currently has ten car models across segments – Eon, Grand i10, Elite i20, Active i20, Xcent, Verna, CRETA, Elantra, Tucson and Santa Fe.
The company plans to introduce a compact car, compact SUV and a full Hybrid car in the Indian market in the next 2 years.
Hyundai India currently has 480 dealers and more than 1,260 service points across India.