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Hyundai to unveil electric version of i10
“Expected to be unveiled during the forthcoming New Delhi Auto Expo in January 2010, the new i10 Electric represents Hyundai’s growing expertise to conceive and develop environmentally friendly vehicles,” the company said in a statement.
Hyundai already offers cleaner fuel engine options such as compressed natural gas (CNG) and liquified petroleum gas (LPG) in the Santro, Accent and i10 models.
“Apart from the current product line-up, Hyundai Motor India pavilion will also display its futuristic technology in the form of concept vehicles to highlight the superior and advanced technology that the company has pioneered,” added the statement.
Hyundai i10 Becomes Hyundai Flagship Model
“We follow a multi-model strategy and look at consolidated sales of Santro and i10. Sales of the Santro and i10 together contribute a sizable chunk of the compact car segment and it adds to a larger customer base,” said Hyundai’s spokesperson about i10’s improved performance. Hyundai expects i10 sales figures to reach 1,40,000 units this year while expected sales of Santro are 87,000 units.
I10 has witnessed higher sales in spite of being priced higher than Santro due to its contemporary styling and superior technology. Hyundai has been pushing i10 in the urban markets while Santro is being marketed in semi-urban and rural markets. Hyundai is also planning to introduce an electric variant of i10 at the upcoming Delhi Auto Expo. The new i10 Electric represents Hyundai’s growing expertise to conceive, design and develop vehicles in line with its vision of focusing on environmentally friendly vehicles.
Hyundai Recalls Sonata Sedans Over Door Latch Glitch
The action—which affects 46,000 cars in South Korea and 1,300 in the U.S.—came after customers in the U.S. complained that, in certain circumstances, the latch gets stuck after the door is opened and then can't be closed.
A company spokeswoman said the problem happens when a passenger simultaneously pulls the door latch and holds down the lock, an unusual circumstance but common enough to send the company scrambling for a fix.
There have been no accidents or injuries reported to the company in connection with the problem. But it came at a time of increased scrutiny on vehicle flaws, shaped mainly by troubles at Toyota Motor Corp., the world's largest auto maker by vehicle sales. That company in recent weeks has been forced to recall several models to deal with quality issues. Toyota President Akio Toyoda was set to appear before U.S. lawmakers Wednesday.
Shares in Hyundai Motor fell 2.6% on the Korea Stock Exchange after news of the recall emerged. Some analysts said they believed investors overreacted and that the financial impact of the recall would be minimal.