Hyundai Raises Porter H-100 Prices by Rs. 200,000

Jawad

08 May 2024

270

Hyundai Raises Porter H-100 Prices by Rs. 200,000

Amidst a prevailing trend of decreasing prices in the local automotive market, Hyundai Nishat has taken a rather unconventional stance by announcing a significant price hike for its commercial vehicle, the Porter H-100, by Rs. 200,000. This unexpected move, contrary to the current market dynamics, is slated to take effect from July 2024.

The pricing adjustments for the Hyundai Porter H-100 variants are as follows: The Deckless variant's price has been raised to Rs. 4,039,000 from its previous rate of Rs. 3,839,000. Similarly, the Flat-Deck variant now costs Rs. 4,059,000, up from Rs. 3,859,000. As for the High-Deck variant, its price has increased from Rs. 3,879,000 to Rs. 4,079,000 following a hike of Rs. 200,000. Moreover, the Deckless variant with AC is now priced at Rs. 4,149,000, compared to its previous rate of Rs. 3,949,000. The Flat-Deck variant with AC sees a price adjustment to Rs. 4,169,000 from Rs. 3,969,000. Lastly, the High-Deck variant with AC, previously priced at Rs. 3,989,000, now costs Rs. 4,189,000 post-hike.

Variants	Old	New	Difference
Deckless	3,839,000	4,039,000	200,000
Flat Deck	3,859,000	4,059,000	200,000
High Deck	3,879,000	4,079,000	200,000
Deckless with A/C	3,949,000	4,149,000	200,000
Flat Deck with A/C	3,969,000	4,169,000	200,000
High Deck with A/C	3,989,000	4,189,000	200,000

Hyundai justified this move by citing the evolving market landscape as the impetus for the pricing adjustments. The company emphasized its commitment to fairness, integrity, and sustained competitiveness in its pricing strategy, characterizing this proactive step as a demonstration of these values.

Reiterating its dedication to transparency and effective communication, Hyundai Nishat clarified that the price adjustment exclusively pertains to the Porter H-100 variants. It assured customers that the prices of their passenger vehicles would remain unaffected for the time being, soliciting feedback on the matter.

Addressing concerns surrounding misinformation, the company denounced the circulation of baseless speculations and misleading information regarding its pricing framework. It affirmed the competitive pricing and exceptional value proposition of Hyundai vehicles in the market, underscoring its commitment to transparency and clarity.

What are your thoughts on Hyundai's decision to increase the price of the Porter H-100? Do you believe it's justified? Share your opinions in the comments section below.

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