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1Jan/090

Hyundai India to increase prices by 2%

Hyundai cars in India will be costlier by 2 percent from January 2009. The company Managing Director spoke to the media at the launch ceremony of Hyundai i20 .

"We are carefully studying the option and will go for a price adjustment in January. We will try to keep the hike minimum. It will be around as much as we took in June this year," he said.He also stated that the company will go for a hike on all its models due to the rise in the raw material prices, labour costs and other input costs.

[Via:cartradeindia]

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