Hyundai begins export of i20 to Europe

Hyundai begins export of i20 to EuropeHyundai Motor India Ltd. (HMIL) launched the i20 cars in the European market. These were premiered at the Paris Motor Show last month. The company has dispatched a consignment of 2,820 cars from the Chennai port for Europe. 

i20s are very sophisticated new generation vehicles of Hyundai. These are designed at its Russelsheim design center in Germany. It is designed to fit in the European environment and pollution norms. The car will be available in 1.2 litre, 1.4 liter and 1.6 liter variants and will be powered by both diesel and petrol engines.

The managing director of Hyundai Motor India Ltd, H. S. Leem said that the car will be available for domestic market by next year. The company has set a target to export 6,000 units of i20s by the end of October. The company has noted some decline in demand following global financial crisis. It has led to cancellation orders from some dealers so the company has decided to lower the production and shipment rate.

Mr. Leem said that HMIL would do its best to meet its export target of 1.20 lakh i20s next year.

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