Hyundai Motors is facing stiff competition from other automakers in India, such as Honda Cars, and Maruti Suzuki. In order to keep their competitive edge, they have plans¬†to enter segments where they do not have a presence as on date. This means, launch of new cars every year.
Hyundai Motors India Limited (HMIL), country’s second largest car manufacturer, is working on a new compact SUV to rival the likes of Ford EcoSport and yet to be launched Maruti XA Alpha. This new SUV should will be launched in 2015 and will fill the gap between i20 and Verna.
Hyundai Motor India Limited (HMIL) is certainly looking towards new milestones with its latest all-new Elite i20 launch. the first comes with half a million Youtube views in 3 days.
Various constraints in labor relations coupled with escalating manufacturing costs at the Hyundai plant in Chennai has caused the company to stop all car exports to Europe.
Guaranteed to impress and designed to tackle some challenging situations, the Hyundai Elite i20 has been successfully launched in India. Mr. Jin Kim, Sr. Director, Asia-Pacific & Middle East, Hyundai addressed the media drawing attention to how the company always brings global products first to India as was seen in the case of the Hyundai Grand i10, Hyundai Xcent and the Elite i20. The launch of Hyundai Elite i20 in India also saw Hyundai‚Äôs brand ambassador, Shahrukh Khan wish Hyundai India every success with this new hatchback.¬†
Hyundai Elite i20 has been launched in India before it makes its European debut at the 2014 Paris Motor Show in October. To be offered in a choice of total of five variants, each for petrol and diesel engine options, the price for new Hyundai i20 in India starts from Rs 4.89 lakhs for petrol and Rs 6.09 lakhs for diesel (ex-Delhi).
The Hyundai Elite i20 premium hatchback is about to make its global debut and India launch in a few hours. A replacement to the current Hyundai i20 which is even taken off production ramps, Elite i20 comes in boasting of redesigned exteriors, fashionable interiors and in a total of five variants in both petrol and diesel guise.
With launch of the new Hyundai Elite i20 slated for August 11, 2014, the current generation i20 is being discontinued and has already been struck off company website. This is unlike Hyundai Grand i10 which sells along with Hyundai i10 hatchback.
2015 Hyundai Elite i20 launches in India on August 11. This upcoming model from the Hyundai India stables has elicited a great amount of enthusiasm among buyer hopefuls. Spyshots have emerged which has added to their enthusiasm. Latest spy shots reveal lit interior lighting on dashboard, steering controls and instrument panel.
Hyundai India to launch one car every year in new segment: Elite i20 to be India’s most premium hatch
In a bid to increase their market share as against the leaders Maruti Suzuki, Hyundai India will launch at least one new car every year in a segment where they are not present currently. This plan came into effect this year with the launch of Grand i10 based sedan, Xcent earlier this year.
Hyundai Motor India Ltd (HMIL) reports domestic sales of 29,260 units in July 2014 over 25,965 units sold in July 2013 equating to 12.7% sales increase. Exports for the month stood at 18,750 units through July 2014.