Seeking hike in raw material costs and input cost, the company will surge the Grand i10 hatchback prices starting from August 2018 and up to 3%.
The Grand i10 is now priced in the range of Rs. 4.74-7.51 lakh. This hike will attract around Rs. 14,000-22,000 in the cost of the car depending on the variant and engine choices of the customers. The Grand i10 is powered by a 1.2-litre petrol engine generating a peak power of 83hp and a 1.2-litre diesel engine generating a peak power of 75hp.
Both the engines are paired to a 5-speed manual converter among all the trims as standard. However, the petrol engine also obtains an option of a 4-speed automatic torque converter. Hyundai is working towards introducing a new small hatchback that will be placed below the Grand i10 in the series.
The tall-boy hatchback will take the place of existing Eon and may be named as the Santro, refurbishing the Hyundai name as it is the first model manufactured in India. Now, existing Eon is priced in a range of Rs 3.33-4.70 lakh.
The new hatchback is as well expected to fit in the same range, and the hike in Hyundai Grand i10 cost will able to reduce overlap of the larger Grand i10 and new Hyundai hatchback.