Korean car maker Hyundai is reportedly planning to increase the price of its Creta SUV in India. The popular SUV is expected to be pricier by up to Rs 15,000 from September this year.
Hyundai usually revises price of its cars in Q3 every year to accommodate any fluctuations in operational and manufacturing costs. The reported price increase of Creta is also due to this reason, reports TeamBHP. The report says Hyundai has officially communicated this price hike plans to its dealers and asked the dealers to place orders for the Creta at the earliest to avoid the price hike.
Launched in July 2015, the Creta is offered in both petrol and diesel-engine options. The 1.6-litre VTVT petrol engine churns out 121bhp and 151Nm of torque, while the 1.6-litre CRDi diesel engine develops 126bhp and 259Nm of torque. Both the engines are available with either six-speed manual or six-speed automatic transmission. The less powered 1.4-litre CRDi diesel unit churns out 89bhp and 220Nm of torque mated to a six-speed manual transmission only. At present, the SUV has been priced in the range of Rs. 9.15 lakh and Rs. 14.50 lakh, ex-showroom, Delhi.
Hyundai Creta is already one of the best selling utility vehicles in the country. It remains to be seen whether the price hike will affect the monthly sales of up to 7000 units of the Creta. Hyundai is expecting Creta sales to breach 1 lakh units in August.
Celebrating the success of the SUV, Hyundai will also launch the 1st Anniversary Edition of the Creta soon. The special edition has been showcased early this month and the first unit was gifted to the ace badminton player of India, Saina Nehwal, for her win in the Australian Open Championship.