New Sasol GTC cars set for thrills

The iconic Grand Prix Circuit will present a new challenge to the GTC drivers as they tackle the country’s fastest racetrack on June 16.

Suzuki’s new Swift hatch and sedan in SA

Suzuki kicks off its new model assault with an all new Swift hatchback and standalone sedan called the Dzire.

Hyundai to rival 'R17 000 car'

2008-01-30 11:03
Hyundai is planning to produce a low-cost mini car in India by 2011 to compete with locally produced vehicles such as Tata's new Nano, a company executive said on Wednesday.

The low-cost, fuel-efficient mini car models will be priced at about $3 700, Cho Won-suk, executive vice president of Hyundai's AdvancedTechnology Center, told Dow Jones Newswires at an industry event.

Mumbai-based Tata recently unveiled the Nano - billed as the world's cheapest car - and said it will go on sale for $2 500 by October.

Cho said no production of the mini-car is planned for South Korea.

Hyundai is the second-largest automaker in India, where small cars dominate the market. Maruti Suzuki Ltd., in which Japan's Suzuki owns a majority stake, is the market leader with about 50% share. Homegrown Tata is third-biggest.

Hyundai, together with its affiliate Kia, is the world's sixth-largest carmaker by sales.


There are new stories on the homepage. Click here to see them.