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Hunt for new finance secretary on... Automobile sector in slump... Vodafone slapped with tax notice of Rs 3700 crore Lanco to sell Australian acquisition TCS, Indiaís biggest block buster TVS bullish on the two wheeler market? GMR to raise US $ 250 mn thru QIP Infosys not to cut prices Canada screams over IT outsourcing to India Singapore Airlines prefers Airbus Wal-Mart studying FDI norms post split with Bharti Latin America beckons India for investments Jet-Etihad Rs 2000 plus crore deal to be cleared Plans to double trade with Latin America Trends point to a hung assembly How important is Modiís German visit... Hyundai Grand i10 awaiting launch Carlyle invests in Trehanís Medanta Medical Centre Urja Sangam in Delhi LANCO opens negotiations with buyers for Karnataka power plant Airlines hit by service tax on lease While MoTown is on a tailspin, the telecom sector is staging a rally Excise duty may halt the war in SUV market Fox Star Studios to tie-up with Bolly-wood and Kollywood Flipkart India in the red by Rs 280 crore Smartphone prices may change SpiceJet in the news again Renault revving up small car launch Aircraft lessors to get protection from defaulting airlines Capital Notes ONGC to draw down on reserves to meet CAPEX needs German envoy Steiner caps a language row Vodafone to buy out minority shareholders Kolkata kisses goodbye to Ambi?
 
Hyundai Grand i10 awaiting launch

The Indian small car space appears to be getting over-crowded. The South Korean automobile major, Hyundai Motors,  which drove this market and is a leader in this segment has now plans to launch a new Hyundai Grand i10, following the spectacular success of its i10. The company will continue to sell i10 and will position Grand i10 above the normal i10 but below i20.

Automobile expert Hormazd Sorabjee says the Grand i10 is certainly conservative by Hyundai’s standard of design as many of the prominent creases and cuts that normally characterise the company’s fluidic design language are absent.

Hyundai proposes to put up the Grand i10 at four levels – The Magna, The Sportz, Asta and Asta(O). Positioning the Grand i10 is going to be a very tricky proposition for Hyundai as it has to sell between the i10 and i20.

The guess is that it will be priced at Rs 4 lakh for the petrol variant and Rs 5 lakh for the diesel version. The Hyundai Grand i10 goes on sale in the first week of September this year.

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