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Sunday, July 27, 2008

India - Global Hub for Hyundai's Small Cars

World's fifth largest auto maker Hyundai Motors, has decided to make India as its global hub for small cars. They have an obvious picture about the Indian car market. In future, India will be used for manufacturing and exporting of their small cars. Upcoming Hyundai i20 model, which will be introduced in September Paris Motor Show, will be exclusively manufactured in India. Now itself Hyundai is India's second largest car maker. Hyundai i10 was a new gift in the "A" segment and that was also manufactured in India only. They have not yet disclose the price of the new model in Indian market, but gave a hint that it will compete with Skoda Fabia and Ford Fusion. Their target for 2008 is 530,000 vehicles for the domestic and export market!

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