Hyundai Motor India Ltd, the country’s second largest car maker, launched its new compact hatchback, the Grand i10 Nios, at a price range of ₹4.99 lakh to ₹7.99 lakh. This will be the third launch of the company in the current calendar year after compact sports utility vehicle Venue and and electric SUV Kona.
The Grand i10 Nios is based on a new platform. Since 2013, the South Korean manufacturer has sold more than 7.51 lakh Grand i10s in India.
The Grand i10 Nios will come with petrol and diesel engine variants compliant with Bharat Stage 6 emission norms. Hyundai will also offer its in-house automated manual transmission technology.
In the first quarter of the current financial year, the compact hatchback segment made up 48% of the total vehicles sold India. With the launch of the Grand i10 Nios, Hyundai’s product portfolio in the hatchback segment will include the Santro, Grand i10, Nios and Elite i20.
“The Indian market is key and the axis point of Hyundai's global growth plan. The third generation Grand i10 Nios is our third consecutive launch in India of the highly successful i10 brand. The launch will stand for our commitment to the Indian market and fulfill our promise of creating a happy life for our customers," said SS Kim, managing director, Hyundai Motor India.
“We at Hyundai Motor India believe in progressive design, styling and technology for our Indian customers. Nios means more, and the all new Grand i10 Nios is an expression of our commitment to always offer more to our customers in value engineering and best quality along with first and best-in-segment features," he added.