Ever since Hyundai Motors India had launched the Hyundai Elite i20 on August 11, this year, the country’s second largest carmaker has received 56,000 bookings so far. As per the company, the success of Hyundai Elite i20 has strengthened the position of Hyundai Motors in the Indian market. We first witnessed Hyundai Motors launching Hyundai Elite i20 to enter the premium compact car segment and now with this substantial number of units already booked, could pose serious competition to Maruti Suzuki (that is coming up with Maruti YRA in early 2015) and Honda (that is coming up with a modified version of Honda Jazz)
Hyundai Motors is working towards increasing its production in order to cater to the growing demand of the car. Hyundai Elite i20 is priced between Rs. 4,90,000 and Rs. 7,67,000 (ex-showroom Delhi price). Hyundai Elite i20 is an upgraded model of the i20, the premium hatchback of Hyundai. The company has certainly worked a lot on redesigning the car but it has featured the existing engines-1.2-litre Dual VTVT Kappa petrol and second generation U2 1.5 CRDi diesel engine.