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Hyundai Best-Selling SUV Receive Biggest-Ever Price Hike

Ayesha  23 Jul 2022   468   Hyundai   Tucson
Hyundai Best-Selling SUV Receive Biggest-Ever Price Hike

Hyundai Best-Selling SUV Receive Biggest-Ever Price Hike

Hyundai Nishat Motors Private Limited (HNMPL) has also announced the new price hike and the brand increased the price of the best-selling SUV. HNMPL has increased this price for the third time for their vehicle, Hyundai Tucson.

The price of both Hyundai Tucson variants are made available as follow:
Variants Old Price (Rs.) Revised Price (Rs.) Increase (Rs.)
Tucson GLS Sport FWD 5,856,990 6,899,000 1,042,010
Tucson Ultimate AWD 6,361,990 7,399,000 1,037,010

HNMPL points out the increase of the costs of raw material, freight charges, decreasing local currency and other logistical challenges, which are the main reasons of this price hike.

The company has not made the announcement of the increase of prices of Sonata and Elantra and it is possible because of no import of completely knock down (CKD) kits at new US Dollar rate because of their low sales volume.

Tucson is still in high demand for crossover SUVs and you can say that this vehicle is the best-selling vehicle after price hike

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