Hyundai is planning to launch its complete i-series cars in India. It has experienced a phenomenal success with the launch of its new i-10 model in the country and now plans the launch of its i20 model in October - December 2008. Subsequently, it shall launch its i30 and i40 as well in the coming years.
Hyundai has stepped up its plans to become India's largest car manufacturer and has greaed up its operations in the country. It is currently the second largest car manufacturer and exporter in India after Maruti Suzuki. It has also made India as its manufacturing and exports hub for its small cars. It recently model Hyundai i10 has been one of the most successful cars in its product portfolio.
According to Managing Director and CEO, Hyundai Motors, HS Lheem, "We plan to bring the entire portfolio of our new i-series cars to India. As a full range car company, the premium i30 and i40 cars have a significant potential in India. These new generation cars are ideal for the fast growing Indian market. Besides, we will also strengthen the i10 portfolio with a new engine and an automatic transmission in the next few months.”
Hyundai is also studying C and D car segment in India along with cars running on alternative fuels. With the rise in gasoline prices, it is also thinking of launching CNG cars and Santro hatchback and Accent Sedan in LPG variants.
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