MARKETS

Hyundai SUV Price Hike

Hyundai SUV Price Hike

By joining the club of automakers who have already increased prices of it’s vehicles due to current inflation situation, Hyundai Nishat Motors Private Limited (HNMPL) has also increased price of its SUV Hyundai Tucson.

This is the biggest increase in price by Hyundai and third in year 2022. The prices of both Hyundai Tucson variants are given below and are effective immediately:

List of Hyundai SUV Price Hike

VariantsPrevious Prices (in Rs.)New Prices (in Rs.)Increase in Price (in Rs.)
Tucson GLS Sport FWD5,856,9906,899,0001,042,010
Tucson Ultimate AWD6,361,9907,399,0001,037,010

Reasons of Increase in Price of Tucson SUV

Increase in price is due to the devaluation of Pak Rupees and the hike in the prices of different goods, equipment and freight charges. One of the major cause is also increase in the production cost, and cost of CKD units. That’s the reason that company decided to increase the prices it’s SUV Tucson.

READ ALSO: KIA Price Increase for Cars

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