Hyundai likely to increase car prices by July

NEW DELHI: Car major Hyundai Motors India Ltd is planning over hiking prices of its various models, including the newly unveiled sedan Verna, premium hatchback Getz Prime and flagship model Santro by July. The company has more or less decided to increase the price of Verna, which was unveiled in September last year in both petrol and diesel version with introductory prices. While the petrol variant was launched, tagged at a price range of Rs 6.26 lakh and Rs 7.02 lakh, the diesel version costs Rs 7.46 lakh to Rs 7.96 lakh. The company was eyeing at stretching the price increase to other models such as Getz Prime and Santro as well owing to increasing input costs. Currently, Getz Prime is priced between Rs 3.89 lakh and Rs 4.21 lakh for the 1.1 litre engine variant, while the 1.3 litre starts at Rs 4.89 lakh up to Rs 5.24 lakh. Meanwhile, HMIL has selected ITI Guwahati for providing full assistance in training students under its corporate social responsibility programme.