Santa Fe and 800cc car of Hyundai by next year

Korean car maker Hyundai Motor have many an ambitious plans to accomplish by 2011. It is all set to launch its sports utility vehicle Hyundai Santa Fe in India by next year along with a 800cc small car in India. We will be bringing in the Hyundai Santa Fe to India by next year and we also hope to bring our smaller car than Hyundai Santro, which will be an 800 cc vehicle, by 2011, Hyundai Motor India Managing Director H.S. Lheem told reporters on the sideline of the SIAM annual convention here. He, however, did not divulge details like price range of the two cars. Hyundai Motor India, India's largest car exporter, also wish to increase its sales in the overseas market in this year itself. Last year, their export figures were like 2.45 lakh units exported to over 100 countries from India. This year targetted exports figure of 2.7 lakh units is expected to be reached, Lheem said, adding that it is looking at increasing domestic sales to 2.8 lakh units this year from 2.45 lakh units in 2008.The car maker is also shifting the production base of hatchback Hyundai i20 to one of its European plants. This will reduce export duty and logistic expense for the company.