Hyundai i10 Successful Small Car in India now for Exports

Tuesday 30 September 2008, 00:00 AM by Rishi

Hyundai i10 made its global debut in India in October 2007 and since then it has been one of the most successful models in the country. It swept the coveted “Car of the Year 2008” award from nearly every car magazine and automobile TV shows. This model is slated for the launch of an upgraded version now.

Hyundai i10  Successful Small Car in India now for Exports | CarTrade.com

Hyundai Motors India Limited is the second largest car manufacturer and exporter in India. It has made India as its global manufacturing and exports hub for all its small cars. It is now planning to export its model, Huyndai i10 to the US market. It is developing strategies to launch the model in the US market which poises stiff competition and saturated small car market with low demand. The US market is “not a small car market” thus, it is more careful to launch its new small car model which enjoys position of one of the highest selling models in India amongst its segment.

The US market foresees Hyundai Elantra as a small car but the changing economic scenario and rise in global fuel prices has marked a shift change in the car market in the US. There has been an increase in the demand for smaller and more fuel efficient cars in the country and Hyundai i10 fits the bill appropriately with its new Kappa engine.

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