Hyundai working on cheaper than Santro model for India

Tata Nano might not have launched but it is already showing its affect on the rival automobile manufacturers in India.

Hyundai is one company which is taking the challenge seriously. The company now plans to launch a new model in the market which would be priced cheaper then their current cheapest model Santro.

This new car would take at least three years to appear in the market. It would be designed for the developing markets and is unlikely to be sold in their home market of South Korea.

Hyundai has also started operating their second manufacturing plant in India making it their second largest production facility in the world.

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