Hyundai to launch compact SUV and MPV

Hyundai Motors India has announced that it will launch a compact SUV as well as an MPV for the Indian market. This announcement comes just a short while after it said that it would be launching a compact car that would be positioned between the i10 and the i20 which we believe will be the next generation i10. 

The compact SUV will be the Korean automakers entry into the rapidly expanding compact SUV/crossover market which is currently dominated by the Renault Duster and will soon see a new entry in the form of the Ford EcoSport. 

The MPV will launch after the compact SUV and is expected to compete with the Maruti Suzuki Ertiga, the Mahindra Quanto. It is almost certain that Hyundai will give more focus on diesel versions of both vehicles.

Reports also say that Hyundai is currently investing 300 million USD in a flexible engine plant which will manufacturer both petrol and diesel mills. The plant, when ready, will have the capacity to produce 3, 00, 000 engines and is expected to help Hyundai keep the prices of its vehicles stable as it will no longer need to import diesel engines as well help them react to any changes the government makes in  its fuel related policies. 

The car that is expected to sit between the i20 and i10 will most likely be the next generation Hyundai i10 and will debut the diesel mill for the i10. The company has also said that it will not make any cars below the Eon as its ‘brand positioning is all about modern premium’.