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Monday, 22 August 2011

Maruti and Hyundai to Make Low Priced Cars in India

Maruti India, the nation’s leading car manufacturing company is going to launch a new entrant into the Indian car market priced at Rs 2.5 lakhs. The car will be launched towards the end of the next year, marking as the next entry-level car since the debut of Maruti 800 back in 1980s. Hyundai India also has plans to launch its small car Hyundai H800, the company which stands among the top hatchback manufacturing companies in India after Maruti Suzuki India. The company is planning to tag the new hatchback at a low price in order to give a tough fight to small cars like Tata Nano and Maruti Alto. Mr Arvind Saxena, the director of Sales and Marketing, Hyundai Motors India has expressed his views saying that there is ample of opportunity in India with the hatchback section being the largest in the Indian car market.Vcommindia News

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