Korean car maker Hyundai has been definitely having a dream run in India. Hyundai Motors India Ltd., the Indian subsidiary of the car maker, is the second largest car manufacturer in India and has been giving a tough fight to long established rivals.
Hyundai is present in most of the segments of Indian car market. The carmaker sells everything from a Santro in the lower A segment to a Sonata in entry level executive sedan segment. Now, it has emerged that Hyundai is planning to launch as many as 3 new models in India to plug in whatever gaps it has in its product portfolio.
The first of these new products will be a compact SUV for the fast developing car segment. The Renault Duster is already flying out of showrooms and the Ford EcoSport is looking poised to become a big success. It is hence only obvious that Hyundai too wants to have a chunk of sales coming from the new segment. It is being said that Hyundai is developing a Compact SUV that will challenge the Ford EcoSport and the likes in the Indian car market. The new SUV might be based on the i10 platform and would come with a really attractive price tag. Another possibility is that Hyundai Motors India Ltd could bring a Compact SUV based on the i20. It may be noted that the HB20X compact SUV that is on sale in Brazil is based on the i20 platform.
The second of the three new cars will be a mini MPV to rival the likes of the high selling Maruti Ertiga. The new car might be based on the Hexa Space Concept (HND-7) that was showcased at the 2012 New Delhi Auto Expo.
The third upcoming car from Hyundai will be a small hatchback that will be positioned between the i10 and i20. The new car might be called as i15 and might actually be the next gen i10 that would sell along with the current model.
Hyundai Motors India Ltd also plans to launch more diesel variants of its existing models. With a bevy of new launches and increased stress on enhancing the after sales experience for its customers, don’t be surprised if Hyundai Motors India Ltd manages to give a few frightful nights to the boffins at Maruti Suzuki India Ltd.