Hyundai Motor India Limited (HMIL) is planning to expand its used car business to all the existing dealerships in the country.
Tucson is slated to be launched later this year
So far, the current year has not been great for the leading car exporters from India. In the top five list of exporters -- Hyundai, Ford, Maruti Suzuki, General Motors and Volkswagen -- it is only Hyundai which is clocking a growth.
The two-acre office complex under construction on the outskirts of Delhi will be home to about eight hundred company executives. Special care is being given to air purification and the building will be equipped with a three-stage air filter system.
Lineup includes a family compact car, hybrid, SUV and others.
The car is expected to hit the road on October 23 and is being launched as Hyundai celebrates two decades in the country. Industry sources say that it will be priced at Rs 3,70,000 to stay competitive with its biggest competitors, Tata Tiago and Maruti Suzuki Celerio.
The company will showcase the Ioniq electric vehicle at the Auto Expo that begins next week.
Maruti Suzuki, Hyundai and M&M draw visitors with a range of concept cars.