Hyundai will be launching an 800cc petrol car in India by 2011-2012. Currently the lowest cost model from Hyundai is the Santro. But the company wants to launch a car which costs even less than the Santro and the i-10. It wants to produce the car on scale comparable to the Maruti 800 (which has been phased out in 13 metro cities all over the country because of the stricter BS-IV emission norms). Though the company said the car will be cheap, it made it clear that it does not have in mind to compete with the Tata Nano because it can’t afford to produce a Rs 1 lakh car right now. The car will be for both the domestic and international markets.
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