Saturday, March 6, 2010

Revised Hyundai Santro on September 01

A totally revised version of Hyundai Santro is ready to be launched in the Indian market on September 01.This statement was made by H.S.LHeem, MD, HMIL while talking to the press at the annual convention of the Society of Indian Automobile Manufacturers. However, he refused to divulge any further details of the same.Hyundai will also let out Hyundai Getz from India in next the two years since seems to have become outdated with the launch of new i-series model. The model will be completely phased out by 2011.
The company is also planning to launch a new 800cc car plus new Hyundai Santa Fe in India in next few years. The small car will find many buyers (upto 70%) in India owing to its price below Rs. 4 lakhs. Hopefully, Hyundai Santa Fe, new SUV of Hyundai may be launched by February this year. The company shall shift part of its export base to Europe but it still intends to hold the Indian market firmly. However, the company stalled its plans due to the economic meltdown and falling sales.

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