Asia Bizz: Hyundai has a huge market share in India and is making the best of that spot they have in the country, the company recently launched the Hyundai Verna Saloon and the car will start at a price of Indian Rupees 6.99 lakh.
Hyundai India has done exceptionally well in the Indian markets with cars like the Santro and the Accent. The Verna is in a very strong position to do much better. The car goes up to a value of around 11 lakhs on higher models.
Hyundai also is looking forward to sell around 45,000 units within the first 12 months of the launch. Hyundai has done well specially targeting the Indian middle class market and is now also building cars that target the upper middle class.
The Hyundai Verna saloon comes in 2 versions of petrol and 2 versions of diesel. Hyundai also has used its 1.6-litre new engine never seen in the Indian by Hyundai on any of their previous models. This engine is much improved and displaces a lot of power.