Hyundai to launch six new cars in next three years
February 8th, 2011 - 5:41 pm ICT by IANSNew Delhi, Feb 8 (IANS) Automobile major Hyundai Motor India Ltd Tuesday said it intends to launch six new cars in the next three years, including a small car placed below its bestseller compact car Santro by next year. “We are planning for six new car launches in the Indian market in the next three years, with two car launches a year,” said Arvind Saxena, director, sales and marketing, Hyundai Motor India.
According to him, the company intends to launch a compact car for the Indian market placed below the Santro hatchback by next year.
“We are going to launch such a vehicle by next year, it would be placed below Santro,” Saxena said.
The company, which reported low sales figures last month, is now gearing up to meet the surging domestic demand, said Saxena, adding that low exports have been compensated by domestic sales.
The second largest car manufacturer in the country announced that it will be the official car partner to the Cricket World Cup slated to be held in India from later this month.
“Ground transportation is critical to the successful staging of an international event like the ICC Cricket World Cup and Hyundai will endeavour to provide the best transportation option for the players, officials and VIP guests,” said H.W. Park, managing director and chief executive, Hyundai Motor India Limited.
He said the company will spend Rs.200 crore in promotions during the year, including the Cricket World Cup.
- Hyundai to launch six new cars in next three years (Lead, Superseding earlier story) - Feb 08, 2011
- Hyundai Motor's November sales up 28.1 percent - Dec 01, 2011
- Hyundai's September sales up 12.4 percent - Oct 01, 2011
- Hyundai to increase car prices from January - Dec 07, 2011
- Hyundai Motor India plans new models to beat competition - Sep 24, 2010
- Hyundai Motor's April sales up 4.9 percent - May 02, 2012
- Hyundai's February sales down 4.8 percent - Mar 01, 2011
- Indian automobile firms close 2010 with stellar sales figures (Roundup) - Jan 01, 2011
- Auto industry posts good sales despite bleak sentiment (Roundup) - Oct 01, 2011
- Hyundai Motor to shift part of i20 production to Turkey - Feb 22, 2010
- Hyundai's August sales grow one percent - Sep 01, 2011
- Hyundai's February sales down, exports fall - Mar 01, 2012
- Hyundai to produce more cars for Indian market, cut exports - Aug 06, 2010
- Automobile makers report robust sales in September - Oct 01, 2010
- Indian automobile sector's February sales soar (Roundup) - Mar 01, 2011
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