Monday, 1 December 2014

New Hyundai i20's Sales Continue to Shine Bright

Launched in August 2014, the new Hyundai i20 has proven to be a really successful car for the Korean automaker in India. Despite being more expensive than the old model, the new version is selling almost double the units than its predecessor; and that is possibly because of more features it offers at this price point. As against 4643 units sold in November 2013, the company has sold a total of 10,500 units in corresponding month this year.
Priced in the range of Rs. 5.0 lakh - Rs. 7.7 lakh (ex-showroom, Delhi), the new i20 is sold in two engine options - 1.2-litre Kappa2 petrol and 1.4-litre CRDi diesel. The petrol engine is capable of churning out a maximum power output of 82bhp and 115Nm of peak torque, whereas the diesel engine produces 89bhp and 200Nm.
Mr. Rakesh Srivastava, Sr. VP- Sales and Marketing, HMIL said, "Hyundai with a volume of 35,511 units indicate strong demand for Hyundai models, giving growth month after month bettering the industry slow growth. The strong investment of launching four new products in a years' time has resulted in this growth. Today Hyundai has one of the youngest product portfolio lead by Elite i20 which has reached a landmark number of 10,500 units making it as the top seller amongst the strong Hyundai brands"

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