Hyundai India Motor is going to launch an all new Santro on 1st September 2009 and the company plans to phase out Hyundai Getz by 2011.
The move seems to be propelled by the new Maruti Suzuki Zen Estilo which has come up with revised styling and interiors and with the all new 1.0 Litre K-Series engine. K-Series engine is believed to have improved Fuel Efficiency.
New Hyundai Santro coming soon!!
“The Getz will be phased out in two years,” said Company Managing Director and Chief Executive, H S Lheem at the annual convention of the Society of Indian Automobile Manufacturers (SIAM)
“We will launch a revised version of the Santro on September 1, and an 800 cc car in a few years,”said Lheem.
Maintaining that Hyundai hoped to sell about 5.5 lakh units, including exports, this fiscal, he said, “We expect to export about 2.7 lakh vehicles and about 2.8 lakh in the domestic market.”
Hyundai has already planned to ramp up its production & headcount in India.
Source: IBN Live
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