Hyundai Creta Facelift Feels the Pinch: First Price Hike Announced (Exclusive)
Just a few months after its grand debut in January 2024, the Hyundai Creta facelift is witnessing its first price revision. Our sources have confirmed that Hyundai India has increased the prices of the popular SUV across various variants, with the hike ranging from Rs. 3,500 to Rs. 10,800.
Not All Variants Affected
The price hike isn’t uniform across the Creta facelift lineup. Here’s a breakdown of the impact:
- Spared the Cut: The base E 1.5 petrol MT, the top-end SX(O) 1.5 Turbo DCT, and the SX(O) 1.5 Turbo DCT dual-tone variant remain unaffected and retain their launch prices.
- Price Bump: All other petrol variants see a uniform price increase of Rs. 3,500.
- Diesel Price Hike: The diesel variants witness a slightly more significant price adjustment. While the top-end SX(O) 1.5 AT and the SX(O) 1.5 AT dual-tone variants escape the price hike, all other diesel trims experience an increase of up to Rs. 10,800.
Possible Reasons for the Price Hike
The exact reason behind Hyundai’s decision to raise prices remains undisclosed. However, the Indian automotive industry has recently seen a trend of price hikes due to factors like:
- Rising input costs: The cost of raw materials used in car manufacturing has been on the rise globally. This could be a major factor behind the price increase for the Creta facelift.
- Supply chain disruptions: Global supply chain issues might be impacting the availability of certain components, leading to price adjustments.
- Market dynamics: It’s also possible that Hyundai is strategically adjusting prices based on market demand and competition.
Creta Facelift: Still a Strong Contender?
Despite the price hike, the Creta facelift is likely to remain a strong contender in the mid-size SUV segment. Here’s why:
- Feature-packed: The Creta facelift boasts a refreshed design, a feature-rich interior with a panoramic sunroof (on select trims), and advanced safety features.
- Engine Options: It offers a variety of engine options, catering to a diverse range of buyer preferences – a 1.5L naturally aspirated petrol, a 1.0L turbocharged petrol, and a 1.5L diesel engine.
- Strong Brand Reputation: Hyundai enjoys a strong brand reputation in India, known for its reliable and feature-rich vehicles.
The Road Ahead
The Creta facelift’s price hike might nudge potential buyers to re-evaluate their budgets. However, considering its overall package and brand value, it’s still expected to be a popular choice in the Indian SUV market. Stay tuned for further updates as Hyundai officially announces the revised prices.