Hyundai India is planning on marginal capacity expansion in capacity and launching new models to maintain its share of around 20% in the growing Indian passenger car market. The 2011 Elantra (also known as the Avante) will be launched in our country in the first half of next year. Expected to be powered by both petrol and diesel powerplants, the new Elantra/Avante will be mated to a 6-speed manual gearbox and will be priced between Rs. 11-14 lakhs.
“With marginal investment we can increase our capacity by 70,000 units per annum thereby taking the total capacity to 670,000 units. We will be launching new models with technology that models sold by competition do not have,” Hyundai MD, H W Park said.
Hyundai has applied its latest 1.6L Gamma Gasoline Direct Injection engine and a 6-speed automatic transmission to the front-wheel drive compact, the first time GDI and six-speed automatic have been featured on a compact sedan in Korea. The new Avante delivers a peak output of 140ps and maximum torque of 17kgm. The new Hyundai Avante will feature HID (High Intensity Discharge) headlamps, LED combination lamps in the rear, heated rear seats, puddle lamps and a color TFT LCD information display nestled in the gauge cluster.