According to sources joining the bandwagon with other like maruti Suzuki, Kia and hero MotoCorp, South Korean auto manufacturer hyundai has announced it will increase the prices of all the cars from january 2020, the company announced in a release on Tuesday.
The automaker has not revealed the detail of the price hike amount. However, it said the price hike is due to the rise in input and material costs. The extent of price increase may vary from different models and fuel types.
Last week, in a regulatory filing, India's biggest car manufacturer maruti Suzuki announced price hike from january 2020 across all the models. Kia Motors too announced a price hike of its Seltos SUV from 1st january 2020.
