Mumbai, Apr 5: Korean car-maker Hyundai's compact passenger car the 'i10', which was developed and launched in India, has won the prestigious 'Indian Car of the Year' (ICOTY) award. The i10 topped the field comprising of Chevorlet Spark, Mahindra Renault Logan and Maruti Suzuki SX4 in fuel efficiency, design, comfort, safety performance and pricing.
''Though the i10 is a car for the global market, we spent two-years developing it in India and it meets all the requirements of Indian market from a powerful A/c to good transmission and competitive pricing,'' said Hyundai Motors' CEO &MD Hueng Soo Lheem (India). The winning car has orders for more than 50,000 units for the domestic market with another 75,000 booked for exports. To meet the increase in demand, the company plans to increase the capacity of its Chennai plant which is producing 10,000 cars per month in two-shifts to three-shifts production, by August-September.
UNI
''Though the i10 is a car for the global market, we spent two-years developing it in India and it meets all the requirements of Indian market from a powerful A/c to good transmission and competitive pricing,'' said Hyundai Motors' CEO &MD Hueng Soo Lheem (India). The winning car has orders for more than 50,000 units for the domestic market with another 75,000 booked for exports. To meet the increase in demand, the company plans to increase the capacity of its Chennai plant which is producing 10,000 cars per month in two-shifts to three-shifts production, by August-September.
UNI
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