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      Hyundai to Roll Out its Low Cost Car in India

      Satish

      Satish

      It’s a fast drive for low-cost cars in India. After Tata Nano, everyone seems to be thinking with a single mind. After Tata and Suzuki, now it’s Hyundai that plans to roll out a new low cost car in India.


      There has been a rise in demand for small cars over the past few years. Moreover, in countries like China, India as well as African countries, one can always expect a demand for basic cars that can combine modern comfort with safety at fraction of the cost. It also spells luxury in a small amount.


      When Tata initially announced to launch a car under $2500, it was ridiculed by the Auto world all over the globe as “four-wheel bicycle”. Now after the launch of Tata Nano, the realization is dawning fast upon other car makers as well.


      Hyundai already has India as its hub for small car production and also plans to double it up over the next few years. It has also begun its research in Seoul R&D center to manufacture a low –cost car under $3000. Combinations from markets like India with their cheap engineering, low cost labor and Western innovation on design would enable India to expect a new low-cost car from Hyundai by 2011.

      Hyundai