i20 Launched by Hyundai Car Company

Wednesday, January 7, 2009

i20 Launched by Hyundai
After the success of i10 in India Hyundai motor company launched i20 car in the Indian market. The i20 is the great car after i10 but not like i30 according to the reviewer but the car is off course better than i10. It was the September, 2008 when the car was in launching process but it is now 2009 when the car announced to launch by Hyundai motor company.

About the i20 prices there are different thought because now in the market prices are not secured. According to the news papers its prices will be about 5.5 Lakhs INR which will be about $15000. But I think the price of the i20 will be cheap in near future.

MD & CEO, HS Lheem of Hyundai Motor India said, “The diesel option is for exports 1.4 and 1.6 litre, for India we will have to wait and see. This year has been very good for Hyundai. We have grown by 20 per cent and market share has gone up by 3 per cent.”

So, it is clear that Hyundai motor profit is higher than others. It has beaten Maruti Suzuki in the car market especially in India. According to the company about 2 cars will be launched every year in the Indian market.



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