Hyundai joins low cost race

Posted: Tuesday 03 June 2008 by Alison

Santro

The list continues its enrichment: we’re now on the seventh line, testimony to the low cost club of automobiles. After the Tata Nano and surrounding controversy, Renault-Nissan, General Motors and Bajaj (just to name a few), will be joined by Hyundai in the competition for Indian-Chinese markets. The company is proposing for 2011-2012 a micro-car at around 3,500 dollars.

The development of this car will have its origins in Hyderabad and Chennai, precincts of high density living. According to H.S Lheem, Hyundai manager for the Indian market, any additional cost compared to the Nano should be offset by additional features that the previous car doesn’t have.

Via | Motorauthority

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