{"id":17910,"date":"2024-12-05T17:37:55","date_gmt":"2024-12-05T12:07:55","guid":{"rendered":"https:\/\/caronphone.com\/blog\/?p=17910"},"modified":"2025-03-12T14:59:49","modified_gmt":"2025-03-12T09:29:49","slug":"hyundai-to-hike-car-prices-from-january-2024","status":"publish","type":"post","link":"https:\/\/caronphone.com\/news\/hyundai-to-hike-car-prices-from-january-2024\/","title":{"rendered":"Hyundai to hike car prices from January 2024"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"17910\" class=\"elementor elementor-17910\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2538f585 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2538f585\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d2d1fbf\" data-id=\"d2d1fbf\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1870d4af elementor-widget elementor-widget-image\" data-id=\"1870d4af\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1440\" height=\"720\" src=\"https:\/\/caronphone.com\/news\/wp-content\/uploads\/Cover-Image-1-copy-4.jpg\" class=\"attachment-full size-full wp-image-17945\" alt=\"hyundai\" srcset=\"https:\/\/caronphone.com\/news\/wp-content\/uploads\/Cover-Image-1-copy-4.jpg 1440w, https:\/\/caronphone.com\/news\/wp-content\/uploads\/Cover-Image-1-copy-4-300x150.jpg 300w, https:\/\/caronphone.com\/news\/wp-content\/uploads\/Cover-Image-1-copy-4-1024x512.jpg 1024w, https:\/\/caronphone.com\/news\/wp-content\/uploads\/Cover-Image-1-copy-4-768x384.jpg 768w\" sizes=\"(max-width: 1440px) 100vw, 1440px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-183d859 elementor-widget elementor-widget-text-editor\" data-id=\"183d859\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.caronphone.com\/hyundai-cars\">Hyundai Motor<\/a> India Limited has announced that it will increase prices across its model range effective from January 1, 2025, due to a rise in input costs, an adverse exchange rate, and an increase in logistics costs, the automaker said in a statement.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-aace334 elementor-widget elementor-widget-text-editor\" data-id=\"aace334\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t&#8220;At <a href=\"https:\/\/www.hyundai.com\/in\/en\" rel=\"nofollow noopener\" target=\"_blank\">Hyundai Motor<\/a> India Limited, our endeavor is always to absorb rising costs to the extent possible, ensuring minimal impact on our customers,\u201d said Tarun Garg, Whole-time Director and Chief Operating Officer, HMIL.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-28e31cc elementor-widget elementor-widget-text-editor\" data-id=\"28e31cc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tHowever, with the sustained increase in input cost, \u201cit has now become imperative to pass on a part of this cost escalation through a minor price adjustment,\u201d he added. The price increase will be effective from January 1, 2025, on all MY25 models.  \t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-920ebf5 elementor-widget elementor-widget-text-editor\" data-id=\"920ebf5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tIn the April-September period (H1 FY25), the company sold a total of 383,994 units of passenger vehicles. This includes 299,094 units in the domestic market with a strong contribution from the SUV segment. The export volume stood at 84,900 units.  \t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-97ff7b5 elementor-widget elementor-widget-text-editor\" data-id=\"97ff7b5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tIn November alone, <a href=\"https:\/\/en.wikipedia.org\/wiki\/Hyundai_Motor_India\" rel=\"nofollow noopener\" target=\"_blank\">Hyundai Motor<\/a> India registered total monthly sales of 61,252 units. The company\u2019s domestic sales were at 48,246 units, while export sales stood at 13,006 units during the month.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bda55a3 elementor-widget elementor-widget-text-editor\" data-id=\"bda55a3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tThe automaker reported a 16 percent decline in its consolidated net profit to Rs 1,375 crore for the July-September quarter of the current financial year on the back of lower car sales both in the domestic and export markets.  \t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ca8c108 elementor-widget elementor-widget-text-editor\" data-id=\"ca8c108\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tCurrently, Hyundai India has models like the <a href=\"https:\/\/www.caronphone.com\/hyundai-cars\/grand-i10-nios\">Grand i10 NIOS<\/a>, i20, and <a href=\"https:\/\/www.caronphone.com\/hyundai-cars\/i20-n-line\/n6-mt\">i20 N Line<\/a> in the hatchback segment. Meanwhile, <a href=\"https:\/\/www.caronphone.com\/hyundai-cars\/aura\">Aura<\/a> and <a href=\"https:\/\/www.caronphone.com\/hyundai-cars\/verna\">Verna<\/a> represent the brand among segments. The brand also has an extensive range of SUVs like the <a href=\"https:\/\/www.caronphone.com\/hyundai-cars\/exter\">Exter<\/a>, <a href=\"https:\/\/www.caronphone.com\/hyundai-cars\/creta-n-line\">Creta N Line<\/a>, <a href=\"https:\/\/www.caronphone.com\/hyundai-cars\/venue\">Venue<\/a>, <a href=\"https:\/\/www.caronphone.com\/hyundai-cars\/venue-n-line\">Venue N Line<\/a>, <a href=\"https:\/\/www.caronphone.com\/hyundai-cars\/creta\">Creta<\/a>, <a href=\"https:\/\/www.caronphone.com\/hyundai-cars\/alcazar\">Alcazar<\/a>, and <a href=\"https:\/\/www.caronphone.com\/hyundai-cars\/tucson-2024\">Tucson<\/a>. In the electric vehicle category, the brand has the <a href=\"https:\/\/www.caronphone.com\/hyundai-cars\/ioniq-5\">Ioniq 5<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t    <div id=\"ad-1779422815-nTNfZF-container\"\r\n         class=\"comman-ads-container\"\r\n         style=\"position: relative; width: 100%; max-width: 970px; min-height: 50px; margin: 10px auto; display: flex; justify-content: center; align-items: center; overflow: hidden;\">\r\n\r\n        <!-- Loader -->\r\n        <div class=\"comman-ads-loader\" style=\"position: absolute; top:0; left:0; width:100%; height:100%; display:flex; align-items:center; justify-content:center; z-index:2;flex-direction: column;\">\r\n            <div style=\"width:32px; height:32px; border:3px solid #e5e7eb; border-top:3px solid #9ca3af; border-radius:50%; animation: spin 1s linear infinite;\"><\/div>\r\n            <span style=\"background-color: 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