Hyundai Motor India Ltd. (HMIL) has announced a price hike for its popular hatchback Grand i10. The premium hatchback is going to be 3 per cent costlier in the Indian market, according to the official statement released by Hyundai India. The statement also says that this increase in the price of the Grand i10 is a result of the increasing input and material costs. The new prices will come into effect starting August 2018.
Currently, the Hyundai Grand i10 retails from Rs 4.74-7.51 lakh (ex-showroom, India). This increase will see prices rise by about Rs 14,000-22,000, depending on the engine option and trim level. The grand i10 comes powered by 1.2-litre petrol producing 83 hp of power as well as 1.2-litre diesel motor generating 75 hp. Both the engines come mated to a five-speed manual transmission as standard along with the petrol variants also getting a four-speed torque converter automatic gearbox as an option. The hatchback has been one of the most loved and the best sellers for the South Korean automaker in the market.
Hyundai is also working to launch the all-new 2018 Hyundai Santro in India in the near future. The upcoming hatchback has already been spotted testing on India roads multiple times revealing the exterior design details inspired from the Grand i10. For example, the headlamps have the same sweptback design as the Grand i10, the grille design on the upcoming Santro also resembles the unit that comes in the Grand i10 as well as the side profile of the new Hyundai Santro has been inspired by the Grand i10 with the similar window line.
The Grand i10, positioned between i20 and i10, was modified by the Indian engineers to suit local market by incorporating features such as the rear AC vents and new rear window design, among others and was launched in the Indian market in 2013. However, to avoid cannibalization Hyundai discontinued a variant of the existing i10 which was powered by a 1.2 litre petrol engine with the launch of the Grand i10. Last year, the company launched Grand i10 facelift with redesigned front and rear bumpers with newly-designed round fog lamps. The model has got new set of alloys wheels, front hexagonal design advanced infotainment system among other prominent features.
Apart from this, Hyundai registered the domestic sales of 45,371 units with a growth of 21% for the month of June 2018 and commenting on the sales performance, Rakesh Srivastava, Director - Sales and Marketing, HMIL said, “Hyundai product portfolio is very young and youthful and is backed by industry No. 1 Customer Service, this has brought in strong acceptance of Hyundai as Modern Premium brand with highest ever H1 volume of 2,75,136 units, with a growth of 8.6% led by Super Performer brands GRAND i10, New ELITE i20, New 2018 CRETA and Next Gen VERNA. GRAND i10, New ELITE i20 and New 2018 CRETA - Each continues to cross over 10,000 sales mark consistently while Next Gen VERNA continues to be the leading Sedan in Hyundai Portfolio."
Stay tuned to V3cars.com for further updates on the upcoming Hyundai Santro in the Indian market.