Hyundai planning to raise price

Hyundai presently is planning to raise the price of its various model variant. It has also planned to raise the money of its Hyundai i20 by nearly two percent and that by the next month. According t  the company officials they are paying for the input costs from there own and believes that they can not take the campaign any more by their own. Some officials believe that the company is under immense pressure and they  really need to increase the prises of its models. According to the managing director of the company the company is expecting the sales to be low by till by March of the year and is expecting the sales to be good later after when the market becomes stable or the interest rates of the company goes down and the buyers are attracted back in the company.  
  At present Hyundai is the second largest car manufacturing of the nation and the largest car exporter. It has been awarded with 'Niryat Shree' award also by the FIEO, India. For the export performance it showed in the session year of 2005-2006.