Indian Cars Price Hike News & Updates

[Akash1886]

Friends,

Here are the Revised Prices (Ex Delhi) from JLR of their SUVs-RR Evoque and Discovery Sport.

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Regards

Akash

 

[Akash1886]

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MUMBAI | NEW DELHI: Thanks to Brexit, supercars made in the UK have just become lighter on the pocket. Rolls-Royce, Bentley, Aston Martin, Range Rover and Ferrari have cut prices in India by Rs 20 lakh to more than Rs 1 crore, passing on the benefits from the pound sterling’s dive post Britain’s decision last year to exit the European Union.

Link

Regards

Akash

 

[Akash1886]

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Regards

Akash

 

[allhyundaicars]

I think the petrol elantra should have increased by 2% ?

I bought my petrol sx at Pre gst price of 1490xxx ex-showroom
After gst it came down to 1430xxx and now after the 2% increase they increased the price to 1493xxx rs.
And they wonder why very few takers for the elantra.

Anyways another thing that i noticed that the santa-fe is not listed now on the website.

 

[a4arun]

Anyways another thing that i noticed that the santa-fe is not listed now on the website.

Let us all mourn the death of Santa Fe. Hyundai has finally pulled the plug on its Flagship SUV due to low volume. Next-up, Tuscon and may be Elantra, if they continue to act foolishly and are still greedy.

The feature distribution across portfolio is just a bad joke really. Not to mention variant Distribution.

 

[Akash1886]

Friends,

Isuzu is set to revise (read=increase) the prices across the model range w.e.f 01st Jan-2018

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Regards

Akash

 

[Akash1886]

Tata Motors to increase prices of its Passenger Vehicles up to INR 25,000 per vehicle from January 2018​

Mumbai, December 11, 2017: Tata Motors today announced that the Company would be increasing prices of its entire passenger vehicles range by up to INR. 25,000, starting January 2018. This increase in price is due to rising input costs.

According to Mr. Mayank Pareek, President, Passenger Vehicle Business, Tata Motors, “The changing market conditions, rising input costs and various external economic factors have compelled us to consider the price increase. We are optimistic on maintaining our growth trajectory in the coming year on the back of our robust product portfolio like TIAGO, HEXA, TIGOR and the recently launched NEXON.”

The introductory prices of the recently launched lifestyle compact SUV, NEXON, which comes with Level NEX Design, Performance and Technology features, will be ending by 31st December and this entire range will also witness a price hike from January 2018 by upto INR. 25,000.

About Tata Motors

Tata Motors Limited, a USD 42 billion organisation, is a leading global automobile manufacturer of cars, utility vehicles, buses, trucks and defence vehicles. As India’s largest automobile company and part of the USD 100 billion Tata group, Tata Motors has operations in the UK, South Korea, Thailand, South Africa, and Indonesia through a strong global network of 76 subsidiary and associate companies, including Jaguar Land Rover in the UK and Tata Daewoo in South Korea. In India, Tata Motors has an industrial joint venture with Fiat. Engaged in engineering and automotive solutions, with a focus on future-readiness and a pipeline of tech-enabled products, Tata Motors is India’s market leader in commercial vehicles and among the top in passenger vehicles with 9 million vehicles on Indian roads. The company’s innovation efforts are focused on developing auto technologies that are sustainable as well as suited. With design and R&D centres located in India, the UK, Italy and Korea, Tata Motors strives to pioneer new products that fire the imagination of GenNext customers. Abroad, Tata cars, buses, and trucks are being marketed in Europe, Africa, the Middle East, South Asia, South East Asia, South America, Australia, CIS, and Russia.

Regards

Akash

 

[Akash1886]

Mahindra to hike prices by up to 3% from January 2018​

December 14, 2017, Mumbai: Mahindra & Mahindra Ltd. (M&M Ltd.), India's leading SUV manufacturer, today announced that it plans to increase prices of its passenger and commercial vehicles by up to 3%. This will be effective 1st January 2018.

Commenting on the price hike Rajan Wadhera, President - Automotive Sector, Mahindra & Mahindra Ltd. said, "We have been holding back on price hikes and absorbing the higher input costs for a while, but with the increase in commodity prices we will have to take a price increase."

About Mahindra

The Mahindra Group is a USD 19 billion federation of companies that enables people to rise through innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities. It has a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world's largest tractor company, by volume. It also enjoys a strong presence in agribusiness, components, commercial vehicles, consulting services, energy, industrial equipment, logistics, real estate, steel, aerospace, defence and two wheelers. Headquartered in India, Mahindra employs over 200,000 people across 100 countries.

Regards

Akash

 

[Akash1886]

Nissan India revises price from January 2018​

NEW DELHI, India (December 19, 2017) – Nissan Group of India today announced a price revision across its Nissan and Datsun range of models. The prices of Nissan and Datsun models will rise by up to INR 15,000/- effective January 1, 2018.

Jerome Saigot, Managing Director, Nissan Motor India Pvt. Ltd. said, “With the rise in input and manfucaturing costs, Nissan has decided for a price hike across all Nissan and Datsun models with effect from January 1, 2018. The revised pricing will help us to optimize our manufacturing efficiencies and continue to serve our customers pan India.”

Recently, in the J.D Power 2017 India Customer Service Index (CSI) Study, Nissan and Datsun have been ranked among top 6 auto companies in India for customer satisfaction. Datsun redi-GO has been ranked among the top 3 cars in the entry compact segment by J.D. Power 2017 India Initial Quality Study.

Regards

Akash

 

[Akash1886]

Hyundai Announces Price Increase Up to 2%​

New Delhi, December 20, 2017: Hyundai Motor India Ltd. (HMIL), the country’s second largest car manufacturer and the number one car exporter since inception today announced a price increase up to 2%. The revised prices to be implemented from beginning of next year.

Commenting on the Price increase, Mr. Rakesh Srivastava, Director - Sales & Marketing, HMIL said, “ We have been absorbing the increase in input and material costs but now are constrained to increase the prices up to 2%.”

Regards

Akash

 

[rkiefpm]

There was a full page ad in the Indian express about huge discounts on Hyundai cars. It said upto 1L off Hyundai i10, 90000 INR off Elite i20 petrol and 1,00,000 off Elite i20 diesel and 60000 INR off Hyundai xcent. Looks like a good time to cherry pick 2017 Hyundai stock.

Problem with Hyundai is that though the cars are excellent (I love the engine and features of my Verna 2017 - it is a beast), the spare parts availability is very poor and spoils the overall experience.

 

[Akash1886]

Friends,

Update on Price Revision from Tata Motors

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Regards

Akash

 

[Akash1886]

NISSAN INDIA ANNOUNCES PRICE INCREASE FROM 1st APRIL 2018​

NEW DELHI, March 20, 2018 – Nissan India today announced a price increase across its Nissan and Datsun vehicles in India effective April 1, 2018.

Prices of Nissan and of Datsun vehicles will increase by upto 2% across all the available models. Nissan currently offers the Micra, Sunny and the Terrano and Datsun offers the Datsun GO, GO+ and redi-GO to Indian customers

Mr. Jerome Saigot, Managing Director, Nissan Motor India Pvt Ltd said, “Due to rising input costs, we will be increasing the price of our Nissan and Datsun cars with effect from 1st April, 2018. We are confident that our cars will continue to offer excellent value and choice to our customers.”

Nissan delivers cutting-edge technology, distinctive design and a rewarding experience to all its customers. In India, Nissan has been constantly expanding its innovative and exciting product range across Nissan and Datsun brands in India.

About Nissan Motor India Pvt. Ltd.

Nissan Motor Co., Ltd. Nissan is a global full-line vehicle manufacturer that sells more than 60 models under the Nissan, INFINITI and Datsun brands. In fiscal year 2016, the company sold 5.63 million vehicles globally, generating revenues of 11.72 trillion yen. In fiscal 2017, the company embarked on Nissan M.O.V.E. to 2022, a six-year plan targeting a 30% increase in annualized revenues to 16.5 trillion yen by the end of fiscal 2022, along with cumulative free cash flow of 2.5 trillion yen. As part of Nissan M.O.V.E. to 2022, the company plans to extend its leadership in electric vehicles, symbolized by the world's best-selling all-electric vehicle in history, the Nissan LEAF. Nissan’s global headquarters in Yokohama, Japan, manages operations in six regions: Asia & Oceania; Africa, the Middle East & India; China; Europe; Latin America; and North America. Nissan has a global workforce of 247,500 and has been partnered with French manufacturer Renault since 1999. In 2016, Nissan acquired a 34% stake in Mitsubishi Motors. Renault-Nissan-Mitsubishi is today the world’s largest automotive partnership, with combined sales of more than 10.6 million vehicles in calendar year 2017.

Regards

Akash

 

[Akash1886]

Hyundai Announces Price Increase Up to 2%​

New Delhi, May 22, 2018: Hyundai Motor India Ltd. (HMIL), the country’s second largest car manufacturer and the number one car exporter since inception today announced a price increase up to 2%. The revised prices will be implemented from June 2018.

Commenting on the Price increase, Mr. Rakesh Srivastava, Director - Sales & Marketing, HMIL said, “We have been absorbing the increase in input costs with increase in commodity prices, freight increase with hike in fuel prices and also the increase in custom duties of certain components. We are now constrained to pass the same to customers in our products with increase up to 2% from June 2018.”

The increased prices will be applicable for all Hyundai cars except the newly launched The New 2018 CRETA.

About HMIL

Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company (HMC). HMIL is the second largest car manufacturer and the number one car exporter since inception in India. It currently has nine car models across segments – EON, GRAND i10, ELITE i20, ACTIVE i20, XCENT, VERNA, ELANTRA, CRETA & TUCSON. HMIL’s fully integrated state-of-the-art manufacturing plant near Chennai boasts advanced production, quality and testing capabilities.

HMIL forms a critical part of HMC’s global export hub. It currently exports to around 88 countries across Africa, Middle East, Latin America, Australia and Asia Pacific. To support its growth and expansion plans, HMIL currently has 493 dealers and more than 1,306 service points across India. In its commitment to provide customers with cutting-edge global technology, Hyundai has a modern multi-million dollar R&D facility in Hyderabad. The R&D centre endeavours to be a center of excellence in automobile engineering.

Regards

Akash

 

[Akash1886]

Hyundai Announces Price Increase for Grand i10 Model Up to 3%​

New Delhi, July 17, 2018: Hyundai Motor India Ltd. (HMIL), the country’s second largest car manufacturer and the number one car exporter since inception today announced a price increase up to 3% on GRAND i10 due to increase in input and material costs. The revised prices will be implemented from August 2018.

Regards

Akash