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      Hyundai to launch compact SUV and MPV in next 2 years

      Aditya Chatterjee

      Aditya Chatterjee

      South Korean automaker Hyundai is all set to launch the new generation 2015 Hyundai Elite i20 in the Indian car market on August 11. If media reports are to be believed, the company is aiming to launch one new product each year in the segment which is completely new to Hyundai. The company will launch a compact SUV and a compact MPV in the country in 2015-16.

      Hyundai to launch compact SUV and MPV in next 2 years
      Hyundai to launch compact SUV and MPV in next 2 years
       

      Hyundai is also focusing on semi-urban and rural market and corporate sales segment to increase its market share in the highly potential Indian auto industry. The company is likely to launch the ix25 compact crossover in the Indian market in 2015. This compact SUV will first go on sale in China on October 9. Unveiled at the 2014 Beijing Motor Show, the ix25 compact SUV will compete against the likes of Ford EcoSport, Renault Duster, Nissan Terrano and Maruti S-Cross SX4.

      A compact MPV is expected to be launched in the market in 2016. It is likely to be based on the Grand i10 platform or the company might also introduce the Hexa Space concept based MPV unveiled at the 2012 Indian Auto Expo. This compact MPV will compete against the likes of Maruti Ertiga, Honda Mobilio, Chevrolet Enjoy and Toyota Innova. It is also expected that Hyundai might also introduce the Genesis sedan as a flagship product in the Indian market; however, nothing has been confirmed on the same.

      Hyundai