HYUNDAI Motor India Ltd (HMIL) on Tuesday rolled out a new model of the i10 compact car fitted with its latest and more powerful 1.2 litre Kappa engine that is expected to give five per cent more mileage than the existing 1.1 litre engine fitted in the car.The new engine also emits less exhaust fumes. The i10 will also have a 4-speed automatic transmission variant, which will be more convenient for women especially in heavy city traffic as they will not have to press the clutch and change gears, HMIL managing director HS Lheem told journalists.
The Kappa i10 is available with Hyundai dealers at an entry level price of Rs 3.9 lakh. This compares with the existing i10 which costs Rs 3.37 lakh. The car is being launched in three variants —the Magna, Sportz and Asta with the high-end automatic transmission model with a sunroof priced at Rs 5,43,644.
This variant will also be fitted with front airbags and an anti-lock braking system. Lheem said the new engine and transmission plant at Sriperumbudur near Chennai has the capacity to produce 2,50,000 units of the new Kappa engine every year for powering the i10 cars to be sold both in the domestic as well as European markets. “The engine has been developed at a huge cost of $450 million over 41 months and will be produced in
The Kappa engine has an aluminium block, which makes it much lighter than the other engines, improves the power- weight ratio as well as fuel efficiency. It also helps cool the engine more quickly. The engine is fitted with a double overhead cam shaft, 16 valves and 32 bit microprocessor, which enables it to deliver more power with less noise and vibration.
The engine meets the latest Euro5 emission norms and emits only 119 g/ km of carbon dioxide, which is the lowest for this class of cars, Lheem claimed. He said the i10 has been doing well in both the Indian and European markets. The company had sold as many as 7,500 units of the i10 in the domestic market in the last eight months and had an order book of 1.1 lakh units in exports over the last seven months. Over 70 per cent of the car market in
The fast growing sales of i10 have taken Hyundai’s market share in the country from 19.5 per cent to 25.4 per cent and cover part of the gap with market leader Maruti. Lheem said the company was also working on a diesel variant of the i10, which is currently being exported. However, the cost at the moment was too high for the Indian market. “We are working on ways to reduce the cost of the diesel engine and making it more affordable for the Indian customer, but this, however, will take some time,” he added. HMIL has emerged as the largest exporter of cars in the country. Lheem said that about 40 per cent of the products were being exported from the Indian plant while 60 per cent was sold within the country.
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