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The Hyundai Elantra and Sonata Are Both Getting A Price Hike

The Hyundai Elantra and Sonata Are Both Getting A Price Hike

May 16, 2022 / By Zunair Tahir / Automotive News

Hyundai Nishat has joined the price rise by raising the pricing of the Elantra GLS and both Sonata models, claiming higher shipping costs and local currency volatility.

The following are the new pricing, which are effective immediately:

Car VariantOld Prices (Rs.)New Prices (Rs.)Increase (Rs.)
Elantra GLS4,799,0004,949,000150,000
Sonata 2.06,859,0006,999,000140,000
Sonata 2.57,749,0007,849,000100,000

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2022 Hyundai Price List In Pakistan


The Engineering Development Board (EDB) called a meeting last week with the CEOs of major local automakers, including Hyundai Nishat, to review recent pricing rises.

Before the meeting, EDB instructed the firms to present their cost structures and justifications for price increases. Only a couple of the eleven automakers volunteered their information, and the Ministry of Industries and Production (MoIP) objected strongly. The following are the new pricing, which are effective immediately:

The rate of price increases is far faster than the rate of increase in the US Dollar (USD) versus the Pakistani Rupee, according to the report (PKR). Automakers responded by claiming that increases in other operating costs have also led to price increases.

They pointed out that a freight container that used to cost $3,000 now costs $6,000, as well as rising raw material costs.

Finally, MoIP instructed the remaining firms to submit their cost structures within two days. It said that a follow-up meeting will be held soon in this respect.


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Automotive News

Hyundai Elantra Sees A Significant Rise In Prices

Hyundai Elantra Sees A Significant Rise In Prices

April 7, 2022 / By Zunair Tahir / Automotive News

HNMPL (Hyundai Nishat Motors Private Limited) has announced a significant price increase for the Elantra. This statement comes two weeks after the Hyundai Tucson’s price increase.

MODELHyundai Elantra GLS
Old PricePKR 4,399,000 EST
50% Revised Price (Rs.)PKR 4,599,000 EST
100% Revised Price (Rs.)PKR 4,799,000 EST
Increase (Rs.)PKR 400,000 EST

The automakers’ car costs have been reasonably stable over the previous two years. Analysts have predicted stormy times for the car sector this year.


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2022 Hyundai Price List In Pakistan


Mashood Khan, chairman of the Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM), indicated last month that rising freight costs, rising raw material expenses, and the depreciation of the Pakistani rupee will continue to cause havoc on automobile pricing.

HNMPL, like a number of other automakers, will adopt the revised pricing in the following order:

  • Those who paid in full by April 5th, 2022, and expect delivery in June will be charged the previous price.
  • Those who paid in full before April 25th, 2022, and expect delivery in May or June, will face a 50% price increase.
  • Those who order new Elantras after April 5, 2022, will be charged the full price hike.

He, like numerous others, pointed to the current Ukraine-Russia war as a major impediment to global commerce and a contributing factor to the looming catastrophe. More price spikes are likely in the future, based on these details.


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Car Price List

HYUNDAI PRICE LIST IN PAKISTAN

2022 Hyundai Price List In Pakistan

2022 Hyundai Tucson Price in Pakistan

CAR VARIANT ENGINEPRICE
Hyundai Tucson FWD A/T GLS Sport2.0LPKR 5,549,000 EST
Hyundai Tucson AWD A/T GLS Ultimate2.0LPKR 5,999,000 EST
CALL FOR ON ROAD PRICE

DETAIL SPECIFICATIONS

Hyundai Tucson FWD A/T GLS Sport1999 cc/Automatic/Petrol
Hyundai Tucson AWD A/T GLS Ultimate1999 cc/Automatic/Petrol

2022 Hyundai Elantra Price in Pakistan

CAR VARIANTENGINEPRICE
Hyundai Elantra GLS2.0LPKR 4,399,000 EST
CALL FOR ON ROAD PRICE

DETAIL SPECIFICATIONS

Hyundai Elantra GLS1999 cc/Automatic/Petrol

2022 Hyundai Sonata Price In Pakistan

CAR VARIANTENGINEPRICE
Hyundai Sonata 2.02..0LPKR 6,859,000 EST
Hyundai Sonata 2.52..5LPKR 7,749,000 EST
CALL FOR ON ROAD PRICE

DETAIL SPECIFICATIONS

Hyundai Sonata 2.01999 cc/Automatic/Petrol
Hyundai Sonata 2.52497 cc/Automatic/Petrol

2022 Hyundai H-100 Price In Pakistan

CAR VARIANTENGINEPRICE
Hyundai H-100 M/T2.6LPKR 2,549,000 EST
CALL FOR ON ROAD PRICE

DETAIL SPECIFICATIONS

Hyundai H-100 M/T2607 cc/Manual/Diesel

2022 Hyundai Grand Starex Price In Pakistan

CAR VARIANTENGINEPRICE
Hyundai Grand Starex GL2.4LPKR 4,549,000 EST
Hyundai Grand Starex GLS2.4LPKR 5,099,000 EST
Hyundai Grand Starex GLX2.4LPKR 5,899,000 EST
CALL FOR ON ROAD PRICE

DETAIL SPECIFICATIONS

Hyundai Grand Starex GL2400 cc/Manual/Petrol
Hyundai Grand Starex GLS2359 cc/Automatic/Petrol
Hyundai Grand Starex GLX2400 cc/Automatic/Petrol

2022 Hyundai Ioniq Price In Pakistan

CAR VARIANTENGINEPRICE
Hyundai Ioniq GLS1.6LPKR 7,000,000 EST
CALL FOR ON ROAD PRICE

DETAIL SPECIFICATIONS

Hyundai Ioniq GLS1580 cc/Automatic/Hybrid

2022 Hyundai Staria Price In Pakistan

CAR VARIANTENGINEPRICE
Hyundai Staria 3.5 A/T3.5LPKR 7,199,000 EST
Hyundai Staria 2.2D M/T2.2LPKR 7,349,000 EST
Hyundai Staria 2.2D A/T2.2LPKR 7,749,000 EST
Hyundai Staria HGS3.5LPKR 9,299,000 EST
CALL FOR ON ROAD PRICE

DETAIL SPECIFICATIONS

Hyundai Staria 3.5 A/T3500 cc/Automatic/Petrol
Hyundai Staria 2.2D M/T2200 cc/Manual/Diesel
Hyundai Staria 2.2D A/T2200 cc/Automatic/Diesel
Hyundai Staria HGS3500 cc/Automatic/Petrol

2022 Hyundai Santa Fe Price In Pakistan

CAR VARIANTENGINEPRICE
Hyundai Santa Fe GLS2.4LPKR 18,500,000 EST
CALL FOR ON ROAD PRICE

DETAIL SPECIFICATIONS

Hyundai Santa Fe GLS2400 cc/Automatic/Petrol

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