Hyundai Getz to call it quits in India
Hyundai Getz, the oldest premium hatchback of India which is currently struggling with continuously lowering sales in the country, is all set to be phased-out from company's portfolio in India. According to market watchers, the company now wants to fully concentrate on its other popular cars of this segment like Hyundai i20, which is receiving an overwhelming response from the Indian buyers.
The sales of Hyundai Getz have been witnessing a steep fall since last few months after the launch of Hyundai i20, as the Indian buyers prefer i20 over Getz since it has new generation features and a unique design.
The Getz model was launched in India in the year 2004 in the price segment of Rs 4.5 lakh, to target the buyers who are planning to upgrade to premium cars from the popular small cars of that time like Maruti 800, Maruti Alto, and Hyundai Santro. However, Since the launch of Maruti's most popular premium hatchback Maruti Swift in 2005, the sales of this Hyundai hatchback has been continuously falling. While in contrast, Maruti Swift is enjoying a golden phase in the Indian market with crossing the 5,00,000 lakh units sales mark in April 2010.
There were news reports earlier this year that Hyundai India may decide to upgrade Getz in compliance to the new BS-IV emission norms. However, due to its sluggish performance in the Indian market the company dropped the plan for the same.
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