According to Mr Y K Koo, Senior Director of the company, Hyundai is reviewing the relaunch of the Elantra in the country which will be subject to the growth in the market size of the premium segment. He added that the premium segment market in which Elantra fits in is just 3 per cent of total market size of cars in the country, but this market is growing. However, any official statement regarding the timeline of the launch of this vehicle in the Indian market is yet to be made by the company.
Mr koo further added that the whole auto industry grew by 27 per cent in January-May but Hyundai India posted growth of 31 per cent. The company currently sells an array of cars in India across all segments including hatchbacks like Santo Xing, i10 and i20; Sedans like Verna Transform and Sonata. Besides this, the company is also planning to launch its premium SUV Hyundai Santa Fein the Indian market with a price tag of Rs 20 to 22 lakh.
PHOTO GALLERY
0 comments:
Post a Comment