Automobile
Hyundai Motor India to hike GRAND i10 prices
Automobile major Hyundai Motor India (HMIL) on Tuesday said that it will hike the prices of its “GRAND i10” by up to 3 per cent due to increase in input and material costs.
According to the company, the revised prices will be implemented from August 2018.
Late last year, the GST Council announced the increase in cess and Hyundai Motors was one of the car manufacturers who reacted strongly to this decision, even going on to state that because of instability in policy making, future investments in India and product line-up will suffer. At the time, Hyundai hiked the prices of all its models- i20, Verna, Creta, Elantra and the Tucson except the Grand i10 and the Xcent. The price hike ranged from 2 to 5 per cent.
The price hike on Grand i10 comes at a time when HMIL is gearing up to launch a new compact car around Diwali this year.
The new model is widely understood to be the return of the Santro brand in India, although the company has insisted that it has not decided on the name.
Earlier this year, HMIL Managing Director and CEO Y K Koo told that the model would be launched near Diwali this year.
Hyundai India launched the much-awaited Creta Knight Edition in the country at a starting price of Rs 13.51 lakh (ex-showroom, all-India). This new variant is available in both petrol and diesel engine options and can be had either with a manual or an automatic transmission unit. To read more about the Creta Knight Edition, click here. In addition to this, the company has also introduced a model-year update for the Hyundai Creta with new feature additions.
The 2022 Hyundai Creta is now available in a new Denim Blue colour option and the Highline TPMS is now standard across all variants. The SX (O) trim now also gets a glossy black centre console. Furthermore, the company will offer the iMT option on the 1.5-litre petrol ‘S’ variant to further expand choices for the customers. The new S+ variant powered by a 1.4-litre T-GDi petrol engine with 7DCT now gets an additional set of features, such as –
– Smart panoramic sunroof
– 16-inch black alloy wheels
– Smartphone wireless charger
– Rear Disc Brakes
– Electronic Stability Control (ESC)
– Vehicle Stability Management (VSM)
– Hill start assist control (HAC)
– Paddle shifters
– Metal pedals
– Electric and auto-folding ORVMs
– Power window auto up/down
Mechanically, the SUV continues to be powered by the existing petrol and diesel engine options.
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