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Hyundai preparing competitor for Tata’s Nano

tryme submitted on 5/19/2009 Official Bell & Ross Timestamp: 1:29:09 PM

5 user comments | Category: New Cars | Source: | SOURCE: www.4wheelsnews.com

The Korean carmaker Hyundai is planning to make a car that will be priced like the Nano from Tata, although they are not intent on competing with the Indian car.

Hyundai sees the Nano as an automotive market expander. It has joined Ford, GM and VW in seeking markets in India at such a trying time as this.

Hyundai claims that the 0.8 and 1-liter gasoline-engined vehicle will be offered when the basic model is released in the second half of next year. Meanwhile, there are reports saying that a small diesel variant will also be produced, particularly for the European market.

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Hyundai preparing competitor for Tata’s Nano

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User Comments

HyundaiSmoke

It looks beter than the Nano. I have the pic in my imgage next to the comment. That design also points the way for all Hyundai next gen small car design. The Accent, Tiburon, and Elantra, will at least share the same grille for North American sale. The Genesis Coupe points to the way all Hyundai interiors will be designed as well. Look at the Next Gen Tuscon and Next Gen Sonata pics they are showing.

— HyundaiSmoke (View Profile)

Posted on 5/19/2009 3:22:24 PM | reply to this comment | Votes: -1   

HyundaiSmoke

Those wickedly exotic looking headlights will also be a main facet of Hyundai Small car design for now on as well.

— HyundaiSmoke (View Profile)

Posted on 5/19/2009 3:24:01 PM | reply to this comment | Votes: -1   

izfuney

Looks is subjective as i find the nano better. The real test will be in the extremely price sensitive markets like India/Africa along usability. The nano is making waves not only because of its size but also its price. Traditionaly if one follows emerging markets for cars Hyundai has never made a compelling low purchase price arguement, so in terms of strategy this will be new and also comes along with significant pricing challenges. One example would be , they couldnt use the price advantage of the won to the dollar as most of these markets have semi or non floating currencies. Additionally, like China, they want in house production not just Kits that are assembled. In terms of logistics, engineering and financing it is a blue field venture for Hyundai. Having said that, its going to be an exciting competition that will enable a lot of people to get into small cars .

— izfuney (View Profile)

Posted on 5/19/2009 5:03:59 PM | reply to this comment | Votes: 2   

Lamborghini_vs_Ferrari_Racer

The Indians shall win this win as no one can make a car for 2000 bucks - No one. The Hyundai is expected to cost around twice what the Nano does...It is not how good the car is - It is the ratio with price which is tough to beat.

— Lamborghini_vs_Ferrari_Racer (View Profile)

Posted on 5/19/2009 6:09:49 PM | reply to this comment | Votes: 1   

HyundaiSmoke

KIA should make this car actually. The i10 is a great mini car, why get smaller?

— HyundaiSmoke (View Profile)

Posted on 5/19/2009 8:42:24 PM | reply to this comment | Votes: 0   

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