Monday, April 23, 2007

Hyundai Motor Likely To Establish Diesel Engine Plant

Hyderabad: Hyundai Motor will consider building diesel engines in India if demand of a single model reaches 50,000 units. The current demand for the company''s diesel cars in a single version is around 30,000 units. It said on the unveil Verna CRDi SX in Hyderabad, an overwhelmingly diesel-driven market, that 75 per cent of Vernas sold in the country were diesel variants, while the same was 95 per cent in Andhra market. The Verna sales have grown by 50 per cent to 3,000 cars a month during the last financial. The company is mulling to unveil another car, code-named PA, in the compact car segment, towards the end of the current year but has no plans to introduce any diesel variants in this segment.

No comments: