Hyundai plans new car launch
Hyundai Motor India Ltd (HMIL) will be launching its i20 model by end of this year. Mr H S Lheem, managing director and CEO, HMIL said that the new model would be launched for both domestic and international markets. "With i20, Hyundai will complete its portfolio in the compact car segment. Santro, i10 and i20 will cater to the lower, middle and upper end segments respectively in the compact car market," he said. Hyundai Motors India on Tuesday, started production at its new Engine and Transmission Plant at Sriperumbudur in Chennai.