Hyundai’s CEO & MD Bo Shin Seo in an interview to TOI has mentioned that the South Korean automaker has a “very strong line up” and “HMI will launch a small SUV soon. The SUV will come earlier, followed by an MPV”, he added.
TOI reports that last year diesels accounted for 28% of Hyundai’s sales reassuring the company of its decision to invest $300 million in a flexible engine plant. “We have invested $300 million in a new diesel-gasoline flexible plant which has a 3,00,000-unit capacity. The flexi assembly line future-proofs us from any changes in the government’s fuel policy, while at the same time it protects us from currency fluctuation since we no longer import diesel engines,” he said.
Mr. Seo also pointed out that Hyundai will not target the segment below that of Eon. He also spoke of a new hatchback from the brand being tested to be slotted between the i10 and the i20. This of course, is the next generation i10 also known as the Brilliant in some markets.
Source: Times of India