Hyundai Pa(i10) will be launched on Nov 1

Earlier post on Hyundai Pa i10 here.

Update :- Hyundai unveils new Hyundai Pa I10
Hyundai Motor India Ltd will launch its compact car i10, code named Pa, in the country on November 1.
The car will be available in 10 colours. It will have a sun roof, the first for a compact car. The i10 is expected to be priced between Rs 3.7 lakh and Rs 3.9 lakh.
India is set to be the global manufacturing hub for the compact car. The Korean auto firm plans to more than double its export volumes from India in the next two years. Hyundai aims to export one lakh units this fiscal and expects to increase this to 2.5 lakh units in the next two years. Hyundai cars comprise about 70 per cent of India’s auto exports.Apart from the Santro, plans are afoot to bring models such as the Getz and the Accent under the export fold as the manufacturing capacity increases. The company’s new plant in Chennai with a capacity of three lakh units is expected to go on stream by October this year. This will take Hyundai’s total capacity to six lakh units. It is also being speculated that a Santro variant may be in the offing. The company had launched the Santro Xing in 2003. Company officials said it had already slashed prices of the Santro. However, industry sources said a variant with fewer features and a price cut of Rs 70,000 or above might be on the cards. Hyundai sells around 18,000 units per month with Santro accounting for 13,000 to 14,000 units.
Source The Telegraph

"Like the compact car 'Pa', which will be launched shortly, we are also developing another model in the D-segment for the Indian market, Besides, we are also working on LPG Santro for launch next year." Hyundai Motor India (HMIL) Managing Director and CEO HS Lheem said.
He said the proposed D-segment car, expected to hit the market in a "couple of years", would be a global model developed and produced in India.
The car is expected to be pitched against the likes of Honda Civic and Toyota Corolla and the segment will witness stiff competition with Maruti Suzuki also planning a product in the same category by 2009.

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