Hyundai’s Santro LPG to hit roads by September

Hyundai’s Santro LPG to hit roads by September
PTI
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First Published: Thu, Jan 10 2008. 06 43 PM IST
Updated: Thu, Jan 10 2008. 06 43 PM IST
New Delhi: Country’s second largest car maker Hyundai Motors Thursday said it will launch LPG variant of its best-selling hatchback Santro by the end of September.
The company has unveiled the variant at the 9th Auto Expo here. “We have just introduced LPG variant of Santro and in the coming months similar variants of other models like Getz and Accent will also be rolled out,” Hyundai Motor India Ltd Managing Director H.S. Lheem told reporters.
The LPG variant of the other models would come by third quarter of the year, he said.
Santro, powered by a 1,086cc engine, is available in CNG, diesel and petrol versions at present.
The company also showcased concept cars Volster and crossover coupe QarmaQ.
The company is also working on price revision of most of its models as the input costs have gone up and profitability has come under pressure, Lheem said.
“We have decided to increase prices of i10 by Rs 5,000 from January 12.”
Since i10 was launched with an introductory price in October last year, the company will now revise prices by up to Rs 5,000 for different variants.
The company is looking to sell 2.3 lakh units of i10 in 2008 with 50 per cent projected to be sold in the overseas market. So far, the company has got an order to the tune of 31,000 units form overseas since its launch in October.
Lheem said the company has phased out Elantra because sales of the model was “not so good” and a replacement would be worked out soon. MORE PTI TEAM DP PKS
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First Published: Thu, Jan 10 2008. 06 43 PM IST