Car News in India

Korean auto major Hyundai Motor India (HMIL) is aiming to sell 1.5 lakh units of its latest entry level compact car ‘Eon’ by the end of 2012, a top company official said on Tuesday.

Korean auto major Hyundai Motor India (HMIL) is aiming to sell 1.5 lakh units of its latest entry level compact car ‘Eon’ by the end of 2012, a top company official said on Tuesday.

The car has been built keeping in mind varied Indian conditions and special requirements of the customers, he said, adding that it will help expand HMIL’s market share in the fast growing small car segment.

Hyundai’s design and development centre at Namyang in Korea has worked in sync with its Hyderabad based R&D centre to firm up on the design of Eon, which would be available in six colours, he said.

HMIL sells eight car models across segments. The A2 segment has the Eon, Santro, i10 and i20, the A3 includes Accent and the Verna and the A5 segment includes the Sonata Transofrm and the Santa Fe is in the SUV segment, the company’s Regional Manager (South) Y S Lee said.