Hyundai India Petrol Price Lock Assurance: Buy a car before 31st may 2012 for fuel hike protection for the remainder of the year

Hyundai Motor India Ltd., brings forth a Petrol Price Lock Assurance program aimed at buffering the fuel price hike impact that petrol car owners are faced with. This does mean you get reimbursements on petrol purchases, while the program offers discounts on petrol models of the Eon, Santro, i10, i20, Accent and Verna.

Hyundai’s Petrol Price Lock Assurance program in India would cover the fuel hike over the next seven months, and is valid on purchases made until 31st May. This apart, Hyundai is also offering the 5-star Assurance Scheme that pertains to the Santro and i10 variants. The 5 Star+ Assurance Program offers 360 degree services to Santro and i10 owners taking care of maintenance, and roadside assistance amongst other aspects.

There’s no doubt that an increase of Rs 7.50 per liter of petrol is steep, and in some cases it’s peaked 10% in terms of price. The onus would now lie on auto manufacturers to offer revised car price plans to ensure that petrol car buying doesn’t stop.

News Release: Hyundai announces Petrol Price Lock Assurance to insulate customers from price hike

Petrol prices have yet again gone up. Indian automobile owners have to go through one more petrol price hike which was incorporated since 24th May, 2012. This time around the price of petrol soared upto Rs 7.50/litre, which has hit the backbone of every individual who owns a vehicle in India. It has attracted many people who are unhappy due the hike in the petrol price and protests across the nation.

Taking into consideration the nation’s massive outcry resulting from the government’s recent petrol price hike proclamation, Hyundai has now structured a Petrol Price Lock Assurance program to give its customers at least some respite from the steep increase in petrol prices.
Hyundai Motor India Ltd has structured a Petrol Price Lock Assurance program to protect its customers from the fuel price hike announced on May 23. Under the program customers will be offered discounts on the petrol models of the Eon, Santro, i10, i20, Accent and Verna.

Speaking about the initiative, Mr Arvind Saxena, Director-Marketing and Sales, Hyundai Motor India Ltd. said, “The Petrol Lock Scheme will insulate the customer from the impact of the price hike. The price hike is severe and we need to soften the blow for our customers.”

As per this initiative, Hyundai will offer discounts on all its petrol cars. The scheme offers to compensate the petrol price hike of Rs. 7.50/litre for vehicle usage per month of 1000 (Kms) for next 7 months period. The program covers this fuel hike for the next seven months and is being offered in addition to the 5-star Assurance Scheme announced for the customers this month. The program covers this fuel hike for the next seven months, it is valid on purchases made till May 31.The scheme is being offered in addition to the 5-star Assurance Scheme announced for the Santro and i10 earlier this month.Earlier this month the company had announced the 5 Star+ Assurance Program to offer 360 degree services to the customers ranging from maintenance to roadside assistance.