Car rates will go up

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The 4 wheeler rates are bound to go up in the coming days. It could be around 25000 per vehicle.

Hyundai Motor India Ltd on Thursday said it will increase prices of its vehicles across model range by up to Rs 25,000 from January 1,2025. The price increase has been necessitated owing to an increase in input costs, adverse exchange rate and increase in logistics costs,Hyundai Motor India Ltd (HMIL) said in a statement. “.

.. with the sustained increase in input cost, it has now become imperative to pass on a part of this cost escalation through a minor price adjustment,” HMIL Whole-time Director and Chief Operating Officer Tarun Garg said.

So it is better for the buyers to go for it in December. After that the budget might also show the way for the increase of rates of the vehicles.

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