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Hyundai Cuts Prices of Nigeria-Made Vehicles

The prices of locally made vehicles in the B-segment have been reduced by Hyundai Motors Nigeria Limited.

This, the auto firm said, was done to increase the number of brand new small vehicles on the country’s roads.

“Stallion Hyundai Motors Nigeria is determined to cushion imminent scarcity of functional B segment cars and mitigate price increase of cars owing to last year’s prohibition of used vehicle import through the land borders.

“The offer also gives customers to buy the desired Hyundai models during this Easter festive season,” Hyundai Motors said in a statement issued by its spokesman, Mr Santhosh Nair.

Mr Nair said a starting price offer of N2.7 million had been announced for Hyundai cars in that category as part of the 2017 Hyundai Grand Savings Bonanza.

Quoting the firm’s Head of Sales and Marketing, Mr Jatin Nadkarni, the company said the offer had been restricted to select models such as Hyundai i10, Grand Xcent and Accent, but could be extended to other models in the Hyundai line-up.

“Buyers of these three homemade models are offered free registration and free service for six months or 10,000km, whichever is earlier.

“Even though the promo is a limited period offer and subject to availability, the incentives are in addition to Hyundai standard three-year or 100,000km warranty for i10 and Grand Xcent, and five-year or 100,000km warranty for Accent,” Mr Nadkarni said.

According to the statement, Hyundai Grand Xcent, i10 and Accent cars are assembled in Nigeria at the Hyundai Motors plant in Lagos.

Giving a few features of some of the vehicles, it said the Grand Xcent had been powered by 1.25-litre engine mated to a five-speed manual and four-speed automatic transmission. It was said to be admirable for daily travels with an entirely new level of art with comfortable and spacious cabin.

“On the other hand, the Hyundai i10 is a city car with a five-door hatchback body style, powered by 1.0-litre engine and comes with front electric windows, ABS, air-conditioning and an RDS radio/CD player,” it added.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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