Hyundai is planning to launch a small car which will be put in same category in which the Maruti 800 is. It will be price nearer the price of Maruti 800. Currently Hyundai is working on this small car and it will be ready to launch in mid of 2011.
Maruti 800 has been phased out in 13 cities because of the new Bharat Stage IV Emission norms. It was price around 2.1 lakh ex-showroom price. Hyundai is planning to launch a car which will be price nearer to 2 lakh.
Fuel prices are also going high and it is affecting sales of cars. In this scenario, small car might do better for Hyundai. Currently Hyundai has the Santro as the cheapest model.
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