New Hyundai Motors Car Model
CNBC-TV18 reports that Hyundai Motors is spending 500 million dollars to develop another small car model. It is investing USD 500 million to develop a brand new plant. That unit will roll out this fresh model sometime next year, code named PA, this car model is seen as a twin of Hyundai’s Santro.
The PA 2006 new car model will have a 1.2 litre engine and a price tag of about Rs 4 lakh. Hyundai expects the new car to help boost its exports to half its total car output from a third at the moment.
The PA 2006 new car model will have a 1.2 litre engine and a price tag of about Rs 4 lakh. Hyundai expects the new car to help boost its exports to half its total car output from a third at the moment.
posted by Biggy at 5:23 AM
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