Date:17/03/2007 URL: http://www.thehindubusinessline.com/2007/03/17/stories/2007031705300300.htm

Back Hyundai hikes car prices

Our Bureau

New Delhi March 16 Hyundai Motor India Ltd (HMIL) on Friday increased prices of all its car models by Rs 362 to Rs 2,816 on account of the increased cess announced in this year's Budget.

Post-increase, the company's flagship hatchback Santro would become costlier by Rs 362 to Rs 562. At present, HMIL sells Santro's base model at Rs 2,69,999 (ex-showroom Delhi).

Its premium hatchback Getz, being sold at Rs 3,99,999 (ex-showroom Delhi), would become costlier in a range of Rs 753-Rs 923 across different variants.

The company said after the price hike its sedan Accent would be dearer by Rs 999 while the newly launched Verna would become expensive in a range of Rs 1,183 to Rs 1,420. The base model of Accent is priced at Rs 5,31,187 and that of Verna is available for Rs 6,24,999 (ex-showroom Delhi). The company, however, said it would not tinker with the prices of its SUV Tuscon.