Ford launches Figo | Ford Figo PriceList | Ford Figo review | Excise duty on cars/bike goes up by 2% | Manufacturers raises prices of all models | Renault - Nissan unveil new micra at Geneva Motor Show | Volkswagen Polo Test Drive & Review



Hyundai replaces its trumpcard

Print This Post Print This Post Email This Post Email This Post

So far, Hyundai has been on the triumphant path with its Santro yielding tremendous response so to become the flagship. But, the sale of Hyundai’s i10 (at an average of 12000units per month) has surpassed that of Santro- 7000 units a month- forcing the company to assign the status of flagship to i10. Hyundai launched Santro as its flagship model, two years ago, to counter Maruti Suzuki. But the Korean company sets various standards to attain flagship status and the strategy is to have multi-model and consolidate sales of both i10 and Santro, to boost the compact car segment and increase customer base, says the company’s VP for India.

The target for this year is the sale volume of 85000 units of Santro and 1.4 lakh units of i10. Though the company sources claim various factors for the popularity of i10, the real factors seem to be – style, competitive pricing and superior technology. Between the two, i10 is costlier but still its sale increases- ever since its launch two year ago, the average sale of i10 has been 12000 from 6500 units per month but the sale of Santro is on the decline – it was 12000 units a month in the year 2000 but now it is 7000 units a month. But with the arrival of Maruti Suzuki’s Alto to the market, the sale of Santro has started its decline; further loss has been due to, again Maruti’s Estilo, Wagon R and Tata Indica.

The trend in urban market is turned towards the contemporary styling and superior technology, wherein i10 has penetrated well. Hence Santro cannot penetrate this market rather finds solace in tier ii markets and semi urban segments. The company has an option to redefine Santro with smaller engine and reduced cost to match Alto- Santro is sold @Rs3.2lakh –Rs.3.6lakh; i10 costs Rs3.35 lakh – Rs5 lakh. I10 has the distinction in the export market as ‘launched in India car’ label.

1 Response to “Hyundai replaces its trumpcard”


  1. 1 cha Dec 30th, 2009 at 4:22 pm

    ya i10 may replace Santro in the future but Santro actually looks more mascular then i10

Leave a Reply



New Car/Bike: Exclusive offers for Vicky.in users
Latest Bikes Gallery
Latest Cars Gallery
Latest Bikes
Popular Cars of the week
Popular Bikes of the week
Search this Blog