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Hyundai Increases Car Prices Next Month

Jawad  15 Sep 2022   388
Hyundai Increases Car Prices Next Month

Hyundai Increases Car Prices Next Month

Hyundai Nishat Motor Private Limited will enhance the prices of their sedan cars Elantra and Sonata from the next month. The US dollar is escalated in comparison to PKR and this price hike is the main reason of the price increase of these models. The new price increase will be effective from 01 October 2022. The car enthusiasts will view Hyundai Increases Car Prices Next Month.

HNMPL has not increased Elantra 1.5 and Hyudai Tucson price. It is considered that there will be another price hike. The company will charge old prices from their clients, who have already got booked the cars by paying the full price before 01 October. 

ModelsCurrent Price (Rs.)Revised Price (Rs.)Increase (Rs.)
Elantra 2.05,499,0005,699,000200,000
Sonata 2.07,899,0008,149,000250,000
Sonata 2.58,499,0008,899,000400,000

Hyundai’s Comeback

HNMPL achieved great success during August 2022 as there was the big rise in sales of its cars. The company sold more than 1,900 units during the month and they recorded 860% month over month increase in sales and it overtook Honda Atlas Cars Limited (HACL) in this process. HNMPL sold 201 cars in July 2022 and there was zero sale of sedan. The company made the wonderful comeback as the Hyundai Tucson has the strong sales. 

The automaker has made the plan to get success by reducing the delivery time for the cars and the automakers like Toyota, Honda, and Suzuki are facing the severe issues of supply chain, reduction in production and enhanced the delivery times. HNMPL has taken the advantage of this situation and it has launched this limited-time offer to enhance the sales.

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