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World Business News |
Chennai News
Sunday, March 6, 2005:
Ina bid to increase sales, Hyundai Motor India Ltd (HMIL)
today said it will be launching two new models, including the
mini-sports utility vehicle, Tuscon.
The company had last year strengthened its portfolio in the
hatchback segment by adding the 'Getz' model, a notch higher
than the flagship 'Santro' model.
Launched in the premium compact car segment, it is, however,
likely to face competition by Suzuki's 'Swift', which will
also hit the Indian roads soon, possibly sporting a price tag
less than the Rs 4.5 lakh entry tag for 'Getz'.
The company will launch an all-new model of the luxury sedan
'Sonata', possibly in July.
Currently, the base version of the model sports a price tag
of Rs 11.3 lakh while the top-end 'Sonata 2.7 V6' comes for
Rs 15.2 lakh (both ex-showroom Delhi). (PTI)
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