Hyundai Motor to launch new Santro variant
08 May 2009
Hyundai Motor plans to roll out another variant of the Santro by the end of this year. ''The Santro has been a very successful car for us. We may refresh the car by the year end,'' said a senior Hyundai official.
Earlier in 2003, the Korean firm had launched the Santro Xing, but with only cosmetic changes from the earlier model. Two years later, the Santro got the eRLX technology. The CNG version was introduced in 2007, and the LNG version in 2008.
At present, the Santro is priced between Rs259,900 and Rs 369,059 ex-showroom, Delhi. Hyundai exports the car to Columbia, Mexico, Sudan, South Africa and Algeria. Till April, the company has exported 439,541 units. Since its launch in India in September 1998, Hyundai has sold 984,418 units in the domestic market.
The Santro and the i10 constitute nearly 75 per cent of the 22,000-23,000 units that Hyundai sells each month in the domestic market. No break-up was available for Santro and i10 sales, but officials said i10 sales were higher than other models. The company has a 20.4 per cent share in the domestic passenger car segment.
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