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Hyundai Motors India is planning to launch its five-door hatchback i20 by the year-end. Earlier the car had made its debut at the Paris Motor Show 2008 in October and will be priced in the Rs 5-5.5-lakh range. The new car will sport a 1.4-litre petrol Kappa engine and will be manufactured at Hyundai fs Chennai plant.
In fact , Hyundai had started exporting i20 to Europe in November 2008. While this model will replace Getz in Europe over the medium term , the company is non-committal about its phase out schedule for India.
gA lot will depend on the market conditions. In another five years , a number of our models may or may not be phased out , h said Hyundai Motor India senior V-P Arvind Saxena. He also clarified that the company had no plans to launch a diesel variant of i20 as of now. Hyundai i20 will take on Suzuki Swift Zxi and Skoda Fabia , priced at Rs 5.08 lakh and Rs 5.24 lakh , respectively.