Hyundai is investing in India $ 600 million

Hyundai is investing in India $ 600 millionThe Indian branch of Hyundai Motors until the end of 2007 to invest in the production of 600 million dollars and brings to market new Sonata emberГЎ.On the Sonata is a new 2.4-liter VTVT (Variable Timing Valve Train) with a variable distribution of power 165 HP with a torque of nm. Version with manual transmission will cost 24 890 euros, and with machine - 26 527 euros.Koreans oppose this model leaders class, Honda Accord, Toyota Camry, Ford Mondeo and Mercedes C-class.Hyundai plans to sell about 150 cars per month and the first to import them in the form of kits screwdriver for Assembly with a finished body. If things go well, the cars will be almost fully assembled, welding and painting on location.Investments in primarily for construction of the second plant in the country with a rapidly growing market.The new plant will produce 150,000 cars per year at first, and by 2007 to increase capacity to 400,000 units.Starting with Sonata emberГЎ, Hyundai plans to 2007 completely new models in the Indian market. It will include updated Santro Xing (Atos Prime), Getz, Accent and Elantra, which will collect in the country. Other models, such as Tucson and Terracan will be fully imported.autonews.ru18.08.2005.

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