South Korean automaker Hyundai has increased the prices of its popular hatchbacks Santro, i10 and sedan Accent across all variants by up to Rs 14,636 with immediate effect to offset rise in input cost.

A company official said, "The price hike is primarily due to rise in input cost. The price hike ranges from 1.2% to 3%." It may be noted that recently, Maruti Suzuki, Honda Siel, Toyota Kirloskar and Ford Motor India had also decided to raise prices due to similar reasons. After the latest revision, the company's flagship hatchback Santro will be costlier by Rs 3,601 to Rs 5,163 while, its premium compact car i10 will now be dearer by Rs 3,974 to Rs 7,637.

However, its sedan entry level Accent will cost Rs 14,636 more.

However, the company confirms that it did not tinker the Price of its recently launched premium hatchback i20 as well as the new Sonata as both models are still under the introductory price scheme. It should be remembered that the company, In December had reduced vehicle prices following a 4 per cent reduction in Cenvat rate by the government resulting in a cut of about 3.5 per cent in excise duty.