Hyundai to launch 'public' carHyundai plans to launch 'public' car
Apnaloan.com Research Bureau
11 Jan 2008
Hyundai has said that it is planning to develop what it calls a 'public car'.
As reported by Business Line, according to Mr H.S. Lheem, Managing Director of Hyundai Motor India, the company is in the process of conducting a very detailed feasibility study for a possible 'public car' that could be launched in the next four years.
The company denies that it will join the race in the one-lakh car category. Instead the company believes that with such an ultra low-cost car, all the demands of customers cannot be met.