Again a piece of bad news for Hyundai users because Hyundai Announced a Big Price Hike in November 2021. Price Increased from 100,000 Pkr to 200,000 Pkr which is a big amount.
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Hyundai Nishat, like all other manufacturers, has increased car pricing in response to the ongoing supply chain problem, devaluation of the local currency, and increases in the cost of raw materials and freight costs.
Hyundai’s new car pricing will be as follows:
| Vehicles | Old Prices | New Prices | Increase |
| Elantra 2.0L | 3,899,000 | 3,999,000 | 100,000 |
| Tucson GLS Sport | 4,979,000 | 5,179,000 | 200,000 |
| Tucson Ultimate | 5,469,000 | 5,669,000 | 200,000 |
| Sonata 2.0L | 6,399,000 | 6,499,000 | 100,000 |
| Sonata 2.5L | 7,099,000 | 7,299,000 | 200,000 |
The modification will be applied in the following order:
- The new prices of the Elantra and the Sonata will be applicable on all the orders made before December 2021 with an invoicing date of 1 January 2022 and onward.
- The current prices of the Elantra and the Sonata will be applicable on all the partial payment orders for a tentative delivery month until December 2021.
- The new price of the Hyundai Tucson will be applicable on all the new orders made from 1 December 2021 onward.
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The domino effect of price increases is in full swing, and all automakers are likely to follow suit. It is worth noting, however, that all automobile firms have only raised the cost of their locally produced vehicles, with the exception of Kia Lucky Motors, which has raised the pricing of the Carnival (a CBU vehicle) while leaving the Sorento (a locally assembled vehicle) alone.
Nonetheless, it is expected that this is only the beginning of a series of price increases from all of the automakers.
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