Hyundai to introduce Santa Fe next year, 800cc car by 2011

The Hyundai Motor has chalked out its  plan to launch Santa Fe- the SUV on Indian roads in 2010 in addition to an 800 cc small car in 2011. The price tags are yet to be designed as the company is tight lipped about it. The largest exporter in India, is planning to converge a lot on overseas market. In 2008 the company exported 2.45 lakh units spreading 100 countries with the current target being 2.7 lakh units; the company is aiming at domestic sale to 2.8 lakh units from the 2.45 lakh units sin 2008.

Another major revamp in the company is the shifting of its hatchback i20 to Europe in order to save logistics expenses and import duty prevalent in the European market.

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