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Hyundai to launch 'public' car

Hyundai 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.