Santro offered at ten year old price

Scheme offers free insurance, exchange bonus, free car accessories and more

Hyundai Motor India Ltd, India’s largest exporter and fastest growing auto manufacturer, announced special schemes for its customers during the month of December. As part of the scheme, Hyundai is offering free insurance, exchange bonuses and free car accessories on the purchase of Hyundai cars. The flagship model Santro which was launched in 1998 will be available under this scheme at the ten year old, introductory price of Rs 2.99 lakhs.

Hyundai Motor India Ltd has launched the scheme on its entire product range, namely, Santro (GS/GLS/Non-AC), i10 (all variants), Getz (Petrol), Accent (GLE), Verna (Petrol and Diesel). All Santro GL (Solid) purchases will get a special price of Rs. 2, 99,000. Santro Non AC, Santro GLS and i10 buyers will be eligible to get free insurance as well as car accessories worth Rs.7, 000, Rs. 15,000 and Rs. 5,000 respectively.

There are some interesting exchange schemes as well. Hyundai customers can avail the exchange benefits up to Rs. 20,000 on all the above cars. Also, a loyalty scheme has also been announced where in existing Hyundai customers can avail the loyalty discounts up to Rs.20,000 on purchase of new Hyundai Getz (Petrol), Accent (GLE), Verna (Petrol and Diesel) .

On the announcement of December schemes, Hyundai Motor India Ltd, Senior VP, Marketing & Sales, Mr. Arvind Saxena said, "We at Hyundai Motor India are committed to provide the best of benefits to our customers who are already a part as well as new members of of the Hyundai family. The schemes announced will provide our customers with an attractive value for money proposition and with the prevailing economic conditions this should provide an impetus for our sales and offset a part of the ownership cost which has gone up considerably in the past few months.”

The new Hyundai i20

The new Hyundai i20 is all set to be launched at the Paris Motor Show in October. The new hatchback model is currently under production at the Chennai plant of Hyundai Motors India Ltd. Official pictures of the new Hyundai i20 are yet to be released. The production version of the new model from Hyundai i-series will be launched at the Paris Motor Show in October this year.

The new Hyundai i20 shall replace the Getz model in the European markets and the company hopes that it shall become the next best seller. Hyundai is also debuting the latest i20 blue concept which would reflect the advanced low emission concepts from the company.

Hyundai plans to become the largest car manufacturer in India and occupy larger market share. It has already made India as its global manufacturing and exports hub for its small cars. It has its plant located in Chennai and uses Chennai port for all its exports. It also plans to launch new models in India to expand its product portfolio in the country.

Tata’s to launch New Indica Today

Tata Motors’ much awaited new Indica which is christened Indica Vista will be launched today.

The launch, which is almost a year late from its initial schedule, comes at a time when sale of the 10-year-old Indica brand is declining in recent months. Indica reported a 32 per cent drop at 7,525 units in July.

India’s first indigenous car Indica was launched in 1998 and the millionth car on Indica platform was launched in November 2007.

It is reported that the Indica Vista comes with three engines — 1.2L Safire (petrol) and 1.3L Quadrajet (diesel) which are sourced from Fiat and the 1.4L TDI which currently powers existing Indica. Indica Vista which will be available in three variants is expected to be priced between Rs 3.5 lakh and Rs 5 lakh.

The car will be pitched against Hyundai Getz and Maruti’s Swift at the high end of compact car segment. “To a certain extent, the launch of new Indica may help the company revive its passenger car sales which off late showed 14-15 per cent decline particularly since it happens after so many years,” said an analyst.

“However, pricing will be an important factor in the success of the new launch. It also depends on how bug-free the new car is. Every manufacturer has some loyal customers who are waiting for the new launches. Therefore, there would be an increase in sales for the first three months,” he said.