Hyundai
Motor India (HMIL) today announced that the company plans
to introduce a factory-fitted CNG kit version of its popular
passenger car Santro with the option of petrol as a second
fuel.
Hyundai
will roll out the CNG version of the Santro from it''s
existing plant in Chennai by the end of 2007 or early
2008.
According
to H S Lheem, managing director, HMIL, the CNG version
of Santro is a bi-fuel car and a new small car is also
slated for launch in the last quarter of this year.
Lheem
also flagged-off the first shipment of Getz Prime from
Chennai Port for European exports with the dispatch of
4,000 Getz Prime vehicles shipped to Germany. HMIL expects
to ship 40,000 units of the car in the current fiscal,
and increase the exports to 100,000 units by 2008.
After
Santro (Atoz Prime) and Accent, Getz Prime, is the third
car to be exported from India to the European market.
According to Lheem,
this model would also be available in India.
He
also said Hyundai would invest an additional Rs4,000 crore
in India by 2010. The current level of investment of the
Korean car major was about Rs3,500 crore, a company official
said.
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