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South Korean models pose with a Hyundai Motors 'HND-9 Venace' during a press day of the Seoul Motor Show in Goyang, South Korea, Thursday, March 28, 2013. The exhibition, with 384 companies from 14 countries to participate, will be held from March 29 through April 7. AP Photo
Passenger car major Hyundai Motor India Monday increased prices of all its models from Rs.575 to Rs.2,830.
"The price increase was necessitated due to the On Board Diagnostic Compliance Changes (OBDC). We have increased the prices in the range of Rs.575 to Rs.2,830 across all the models," a statement from the company said.
"We have tried to absorb the maximum cost to minimise the price increase to cause less inconvenience to our valued customers," it added.
According to the company, the increase in prices will be effective from Monday (April 1, 2013).
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