Hyundai Motor hikes prices

Carmaker Hyundai Motor India Ltd., on Monday, said the price of all its models, from Eon to Santa Fe, would increase by up to Rs.5,000 effective November 1.

“The increase has been necessitated by a variety of input costs,” its Vice President (National Sales and Marketing) Rakesh Srivastava said. “We have tried to minimise the price increase to cause less inconvenience to our customers,” he said in a press release.