HYUNDAI SANTRO TO HIT ROAD IN OCT
Article Abstract:
Hyundai Motor India Ltd (HMIL), a car producer proposes to launch the 999 cc Hyundai Santro in October 1998. HMIL has unveiled the car in Auto Fest '98 being held in Chennai. It proposes to price the car between Rs295,000 and Rs340,000. HMIL plans to sell 10,000 cars in the first three months and another 20,000 in early 1999 depending on the order. It proposes to offer the cars within 45-60 days after the placement of the order. It has set up a Rs2,300-crore plant in India with an annual capacity of 120,000 cars. (ag)
Comment:
Car producer proposes to launch the 999 cc Hyundai Santro in 8/98 & proposes to price car between Rs295,000 & Rs340,000
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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SANTRO OVERTAKES ZEN IN DEC SALES
Article Abstract:
The sales of the Santro model car of Hyundai were more than those of the Zen model of Maruti Udyog Ltd in December 1998. In all, 3,880 Santro cars were sold (3,135 Zen vehicles). The fall in sales of the Zen was due to the launch of the Santro. The Santro has been able to raise its market share in the 1000 cc car segment to 44.11 percent from 33.90 percent. The Zen has recorded a fall in its market share to 35.64 percent from 50.88 percent. Hyundai opened bookings for the Santro on January 4, 1999. (ag) (kvr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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SANTRO TO HIT S KOREAN ROADS THIS SUMMER
Article Abstract:
The Santro car manufactured by Hyundai Motor India Ltd will be launched in South Korea in the summer of 1999. The company has already started exporting body panels and parts to its Korean parent, Hyundai Motor Co, in anticipation of the launch. It plans to earn $10 million from exports in the first year. (khr)
Comment:
The Santro car manufactured by Hyundai Motor India Ltd will be launched in South Korea in the summer of 1999.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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