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| Hyundai to introduce Santa Fe next yr, 800cc car by 2011 |
| Press Trust of India / New Delhi Aug 28, 2009, 11:36 IST |
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Korean carmaker Hyundai Motor plans to launch its sports utility vehicle — Santa Fe — in India by next year.
The company is also planning to launch an 800cc small car in the country by 2011.
"We will be bringing in the Santa Fe to India by next year and we also hope to bring our smaller car than Santro, which will be an 800 cc vehicle, by 2011," Hyundai Motor India Managing Director H S Lheem told reporters on the sideline of the SIAM annual convention here.
He, however, did not divulge details like price range of the two cars.
Hyundai Motor India, India's largest car exporter, also plans to raise its sales in the overseas market this year.
Last year, we exported 2.45 lakh units to over 100 countries from India. This year we are targeting an exports figure of 2.7 lakh units, Lheem said, adding that it is looking at increasing domestic sales to 2.8 lakh units this year from 2.45 lakh units in 2008.
The carmaker is also shifting the production base of hatchback i20 to one of its European plants. "This will be done to save logistics expenses and import duty in the European market," Lheem said.
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