Hyundai Motor to Roll out CNG Santro
26 March 2007
Hyundai Motor India (HMIL) today announced that the company plans to introduce a factory-fitted CNG kit version of its popular passenger car Santro with the option of petrol as a second fuel.
Hyundai will roll out the CNG version of the Santro from it''s existing plant in Chennai by the end of 2007 or early 2008.
According to H S Lheem, managing director, HMIL, the CNG version of Santro is a bi-fuel car and a new small car is also slated for launch in the last quarter of this year.
Lheem also flagged-off the first shipment of Getz Prime from Chennai Port for European exports with the dispatch of 4,000 Getz Prime vehicles shipped to Germany. HMIL expects to ship 40,000 units of the car in the current fiscal, and increase the exports to 100,000 units by 2008.
After Santro (Atoz Prime) and Accent, Getz Prime, is the third car to be exported from India to the European market. According to Lheem, this model would also be available in India.
He also said Hyundai would invest an additional Rs4,000 crore in India by 2010. The current level of investment of the Korean car major was about Rs3,500 crore, a company official said.