31Aug/080
Hyundai’s small car to be out in 2012
Hyundai are targeting to sell a small car with a price tag of $3500[Rs.1,50,000 approx].This car should cause a lot of problems to maruti especially and if there is a diesel available too at similar pricing God help Maruti .
Hyundai have done well to realise the importance of the Indian markets much before other rivals.They have also gambled by launching the i10 first in the market and ensuring it caters to local choice as well.The end result is if you keep track of monthly car sales figures as each month passes by the gap between hyundai and maruti suzuki keeps getting narrower and narrower.
[Via: Automobilindia]