Honda introduced the new City with diesel engine option, thereby threatening sales of segment leader, Hyundai Verna. Now, Hyundai is gearing up to beat competition and launch a new Verna variant, in the form of CX, which should make its presence felt in the days ahead.
Hyundai Grand i10 was launched in India in early September 2013. At the time of launch, B S Seo, Managing Director & CEO, HMIL had said:
One of the newest entrants into the compact SUV segment is the Hyundai mini SUV which could launch later this year. Spotted on test, photos of the new Hyundai compact SUV have emerged.
The sub 4 meter sedan segment has received outstanding attention primarily due to its affordable pricing. This segment attracts lower excise duties and is the first choice for buyers upgrading from small cars to affordable sedans.
After winning the prestigious Indian Car of the Year 2014 award, the all-new i10 from Hyundai, also known as the Grand (in India), has won CarBuyer Car of the Year 2014 award in the UK.
Hyundai Verna, also known as the Accent in some markets was launched in May 2011. It received immediate attention, thanks to a host of features, powerful engine, seemless power train options and a â€˜Fluidic Sculptureâ€™.