Hyundai Motor India has now started exporting their new model i20 in the European markets.
The company has gained a big order for this premium small car.
Hyundai i20 is expected to be launched in the Indian market in the coming months.
H.S. Lheem, Managing Director, Hyundai Motor India spoke about the prevailing market situation: “We are not able to make any final conclusion on the target for the year due to uncertainty in domestic market and postponement of purchases in export markets. However, we may conclude this year selling 5.1 lakh units.”
Hyundai has announced that they are also working on a new updated Santro model for the Indian market.
A new variant with a smaller engine could be launched in the coming years to compete with the upcoming rival products in India.
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