Hyundai i20 production: decision in a month

Hyundai Motor India is thinking over to shift the production of i20 from India to Europe. The company spokesman confirmed that in a months time the decision will be taken. It may be recalled that the previous week, there was a strike in the company's Chennai plant following different workers demand. The production of the car was badly hit. In those days, it was learnt that the company would shift the production of i20 from Chennai to Europe.

The car maker also blamed to the poor port infrastructure to support surging exports and no export incentives from the government. HMIL is pondering over making its plant in Czech Republic as an export hub for the model. The other option is to use the new plant being set up in Russia.

Hyundai to launch new face lifted Santro by year end

Hyundai Motors India Limited is going to roll out a new face lifted model of its Santro by the end of the year. It is expected that the new model will come with only cosmetic changes. However, the details of the new additions are not disclosed yet but the new car will have the same Santro engine. The company had rolled out its Santro model nearly a decade ago and has constantly launched newer versions of its one of the most successful models. Earlier, it had decided to phase out Santro after the launch of Hyundai i10 but now it intends to bring a newer version for Hyundai Motors customers in India. Hyundai has sold, so far, 984, 418 models in the country since its launch in India in September 1998. Hyundai Motors has also launched i20 model in India and has received a tremendous response to its premium hatchback model.

Hyundai to challenge Tata Nano!

Hyundai is preparing to challenge Tata's Nano. UK media reports suggests that the company is mulling to launch ultra low cost car. It is learnt that Hyundai’s Indian engineers are working hard in close association with their Korean partners to produce another compact car.

Uk media reports also claims that this car will be released first in the European Union, and then in India. There are plans to bring out 800cc and 1000cc cars, but the company has not officially confirmed it so far. The company reported to claims that it has the required infrastructure and the facilities to manufacture a compact car in India. Earlier, there was frenzy around the world when the Tata Nano was expected to be launched in 2008. rumours were spread there that an ultra-cheap car could be produced well under $2500. Another announcement for another ultra cheap car came from Bajaj Renault Nissan, which is a competitor to the Tata Nano.