Hyundai i10 in America from India
Wednesday, August 27th, 2008Small has suddenly started becoming bigger in the minds of auto consumers around the world. The increasing fuel prices and congested traffic has made people switch to smaller cars day by day. Hyundai Motors India Limited launched its model, Hyundai i10 in India and plans to take the model to America.
Although market for small and fuel efficient cars has gone up considerably in the US, but Hyundai i10 making a foray in the US is a little unlikely in the near future, says John Krafcik, Vice President of product development in America. The subcompact 5-door hatchback model is too lightweight for the American market, the company looks at launching the model in the US but not so early, he adds
Hyundai had been studying logistics and other costs associated with getting the car approved for the American market. It plans to launch the heavier hatchback model i30 in America in 2009. India is the manufacturing and exporting hub for Hyundai Motors India Limited. The company plans to manufacture and export its small car models from India to countries around the world. Hyundai i-series launches are a part of its same strategy.
[Via: Cartradeindia]
