Hyundai is certain to raise its price, by Rs5000, from April, said its regional sales manager, quoting the shifting from BSII to BS IV norm. the increase, second after the Central Budget, may be in the range of Rs4000-Rs5000 and the customers need not worry about the rise as they will not be wholly burdened this rise. Hyundai is also exploring the manufacture of small cars for India in Korea, at the capacity of 800cc.
series of cars is on the prospect from Hyundai- the first one will be Santa FE in the SUV @Rs20 lakhs. The Chennai facility is capable of delivering 6 lakhs cars annually out of which 3.2 lakhs are for the export segment. There is a proposal to shift the manufacturing unit of i20 from Chennai to Europe. As such there is no word about the launch of i30 in India while i10 remains the highest selling car among the Hyundai products.