South Asian Business news and information

You already know that the launching ceremony of Hyundai i10 took place last week in India. I covered some news items about Hyundai i10 in this blog and then I found out that I hardly wrote anything about the world premiere. Fortunately, I found a press release in the official website of Hyundai Motor India.

Here is the press release:

Hyundai Motor India Ltd., India`s fastest growing auto manufacturer and largest passenger car exporter, today launched the i10 in a glittering launch function in New Delhi. The i10 is the first car from Hyundai which makes its world debut here in India which will be the sole production and export hub for the car.

Hyundai Motor India came in to India in 1996 and launched its first car - the Santro which became a runaway success in 1998. The company today makes a full range of cars starting right from the Santro Xing to the top end premium luxury car Sonata Embera and the SUV Tucson at the top end. Hyundai has been a company which believed in bringing in the latest in technology and design wrapped in a value for money package.

Present on the occasion of the launch was the President of Hyundai Motor Company, Jae Kook Choi who commented “Hyundai Motor India is poised to play a very important role not only in India but also in HMC’s global plans and we hope that with India becoming the hub for small cars we would see a significant increase in the company’s presence in many more countries. We are very proud of the i10 as it brings the best of Hyundai’s design and technology and I am confident that it will be a very big success.”

The launch of the i10 symbolises the second phase of operations for Hyundai Motor India in the country where it enjoys a market share of well over 18% and which is poised to grow to 20% in the next calendar year. The i10 marks the entry of stylish, performance driven compacts from Hyundai which offer the latest to its customers.

Speaking at the launch function, Hyundai Motor India Managing Director, H. S. Lheem commented “Hyundai Motor India is starting its second phase of operations with the launch of this brand new compact i10 today. The i10 symbolises what Hyundai Motor India stands for today. Great design, latest technology and performance with a price tag which is affordable. The Indian operations will become the global hub for small cars and after the launch of the i10 today we at Hyundai Motor India and all Indians can take pride in the fact that we make world class cars which are driven across the world.”

The new i10 is powered by a 1.1 litre, iRDE petrol engine which will offer great performance along with an unmatched fuel economy. The unit develops 66.7PS@5500 rpm of maximum power and a peak torque of 10.1Kgm@2800 rpm. The engine is mated to a 5-speed manual transmission with a console mounted ergonomic, short throw, i-shift gear box which frees up the space between the driver and the passenger seat and also gives an unique look - a first for this segment. To make in-city driving effortless it comes with an electric power steering.

The i10 has attractive exteriors and plenty of cabin space. All the i10 models have AC/heating, folding rear seats, dual tone beige interiors, rear seat belts and an electronic trip and odometer as standard equipment. While the top-end model of the i10 comes with features like a panoramic sun-roof (a first for this class of cars), rear spoiler , leather wrapped steering wheel and gear knob, keyless entry, 2-DIN audio system The sleek, flowing contours and large clear eyed headlamps with an attractive front grille give the i10 a distinctive look. The light-weight steel body is reinforced by body coloured bumpers with detachable inserts and an integrated air dam for the front bumpers.

The suspension set-up with Macpherson struts in the front and coil springs coupled with torsion bar in the rear ensures that the ride is supple and the passengers travel in comfort. Features like full front and rear arm rest, plenty of leg and shoulder room for the rear seat increases the comfort factor making it easy for 5 adults to sit comfortably. A tilt steering wheel makes it easy for the driver to find the spot-on driving position. A wheelbase of 2380 mm which is the longest in this segment gives it the additional stability and added cabin space.

Tubeless tyres are a standard on all trims. The i10 also offers top end safety features like Anti-lock Braking system (ABS), seat belts with pretensioner, Dual Airbags for the driver and the front passenger with impact sensing autodoor unlock which automatically unlocks the door on impact and a high mounted stop lamp in the rear.

A range of 10 exciting exterior colours and the well crafted dual tone interior fascia provides a grand touch to a car which has it all. Looks, performance, features, safety and economy which customers are sure to find very attractive. The i10 comes with a 2 year, unlimited warranty package. The i10 will be sold in four trim options – the D – Lite, Era, Magna and the Auto. The Magna will also be available in a high-end option pack. The i10 is certain to re-define the segment and set a new benchmark for this class of cars.

If you are looking for more information about Hyundai i10 then browse around this blog and you will find a number of entries posted in the few days in this blog. Here is the link: http://www.southasiabiz.com/tags.html?tag=Hyundai%20i10&blog_id=83

You will find another 8 entries.

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