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Hyundai Hiked Prices For Verna, Venue, And Tucson Models - Details Inside
Hyundai Motor has raised the prices of its main SUVs, including Venue and Tucson, as well as its sedan Verna. These three vehicles were introduced within the last year. With this recent increase, the cost of these models has been raised by as much as Rs 48,000.
Earlier this year, Hyundai unveiled the latest iteration of its Verna sedan in the Indian market. The new version of the Verna sedan was designed to offer an enhanced driving experience and modern features.
As per Hyundai Motor's official website in India, the most significant price increase is observed for the Tucson SUV. The petrol variants have gone up by about Rs 42,000, while the diesel version of the new Tucson will now be priced Rs 47,900 higher.
Hyundai Motor had initially introduced the Tucson with a base price of Rs 27.69 lakh in August, last year. The starting price has now been updated to Rs 29.01 lakh (ex-showroom) for the entry-level Nu 2.0 Petrol 6-Speed Automatic Platinum AT variant.
The top-end variant, the Signature AT AWD model, was initially introduced at a price of Rs 34.39 lakh. It will now be priced at Rs 35.94 lakh (ex-showroom). It's worth noting that this SUV has undergone multiple price increases since its launch.
The New Hyundai Verna, launched in March this year with an initial price of Rs 10.89 lakh, has encountered a slight price increase. The starting cost for the base EX manual variant with a 1.5-liter engine has now been adjusted to Rs 10.96 lakh, marking an increase of over Rs 6,000.
The price increase has affected the EX variants of the model as well. Nonetheless, the cost of the top-tier SX(O) variant with DCT and turbo petrol engine, introduced at Rs 17.37 lakh, has remained unchanged.
The sub-compact SUV, Hyundai Venue, which competes with models like the Maruti Suzuki Brezza and Tata Nexon, was introduced in June, previous year with a starting price of Rs 7.53 lakh (ex-showroom).
The base E variant of the SUV has encountered a price increase of slightly over Rs 5,000. This variant, equipped with a 1.2-litre Kappa petrol engine paired with a five-speed manual gearbox, will now be priced at Rs 7.77 lakh (ex-showroom).
Thoughts On The Hyundai's Price Hike
The recent price hike by Hyundai on its flagship SUVs and compact sedan reflects the ongoing trends in the automotive market. Such adjustments in prices are not uncommon, especially given the various factors that can influence manufacturing costs and market conditions.
While consumers might be concerned about increased costs, it's important to understand that these price adjustments are often a result of changing economic factors. As a customer, it's advisable to consider all aspects, including the features and benefits of the vehicles, before making a purchase decision.
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