Hyundai will launch the diesel variant of its i20 by the end of this year. The company plans to launch two cars annually for the next couple of years.
A representative from Hyndai said, "Hyundai plans to introduce at least two new products in the Indian market annually for the next couple of years. The i20 diesel variant would be the next in line with launch scheduled for later in 2009."
The company's goal is to increase its market share in India with the help of its new products. "India will play an important role in the Asian market. Our global target is to reach a six million (60 lakh) units capacity by 2013 (Hyundai and Kia plants combined)," said Young-Kil Chun Hyundai Motor Senior Vice-President (Asia & Pacific Division).
