Hyundai's Getz will be phased out in 2yrs
Another car company is announced to phase out its car model. This time Hyundai India Motor has decided to phase out its premium hatchback Hyundai Getz in two years. H.S. Lheem, managing director and chief executive, Hyundai India, said at the recently concluded annual convention of the Society of Indian Automobile Manufacturers (SIAM). He also mentioned that a revised version of the Hyundai Santro will be launched on September 1, 2009. The company will launch a 800cc car model in a couple of years. However, he did not reveled more information. Mr Lheem further said that they aimed to sell around 40,000 i 20s in this year. Overall, the company intends to sell about 5.5 lakh units that includes exports. It hope to sell 2.8 lakh units in the domestic market while 2.7 lakh will be exported. The MD said that the production of i-20 will be shifted to Europe mid-next year for export reasons in mid of the next year. On the other hand, Maruti and Toyota have launched Maruti Zen Estilo and Toyota Fortuner respectively.
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