Hyundai santro LPG:
Hyundai reiterated its stand and said that it will not phase out santro. Hyundai which recently rolled out its new hatchback ‘i10’ is expected to phase out the santro (which it launched in late 90s). Hyundai is currently selling around 12000 units of santro every month and recently it stopped offering of santro top end variant. Surprisinlgy, Hyundai on November 2nd said it targets to sell 5.35 lakh units of Santro (of this 50 per cent will be constituted by exports) next year. Hence it is clear that even after the introduction of another hatchback ‘i10’, it plans to sell more than 16000 santro’s every month. To achieve the ambitous target Hyundai will roll out launched LPG version of its Santro car 2008.
Hyundai people’s car:
Hyundai is developing a ‘B’ segment car which they plan to launch in india in 2009. The car could be expected to be priced below Rs three lakh, Lheem Managing Director, Hyundai Motor India Ltd said after the launch of the i10 car.”But it is still in the concept stage. From concept stage to translating into a real car, it will take four years. The car will be for both the Indian and export markets,” he said adding that it would meet all international safety and emission norms.