Hyundai Motors India Ltd. (HMIL) on Wednesday launched the new-generation Verna sedan as the Korean auto major looks to increase its share of the growing C+ segment.
The price of the all-new Verna will start at Rs 6.99 lakhs for the base petrol version, and go all the way up to Rs 10.74 lakh for the 1.6 diesel automatic.
The prices for the new Verna are introductory in nature and may be revised later on.
Hyundai India hopes to sell 45,000 units of the Verna in the first 12 months.
The new Verna will be available in two petrol and two diesel versions. It will be available in a range of six colours with 8 trim options.
The new Hyundai Verna will compete with Honda City, Volkswagen Vento, Fiat Linea, Maruti Suzuki Sx4 and the Ford Fiesta.
The following are the price for all variants. The prices are Ex-Showroom, New Delhi.
1.4 L: Rs 6.99 lakh
1.6 L: Rs 7.64 lakh
1.6sx: Rs 8.24 lakh
1.6sx (o): Rs 8.94 lakh
1.4 L: Rs 8.09 lakh
1.6 L: Rs 8.74 lakh
1.6 sx: Rs 9.34 lakh
1.6 sx (o): Rs 10.74 lakh.
"We are confident that all new Hyundai 'Verna' will create a new benchmark and raise the bar for the upper mid-size car in India," said HMIL Managing Director and CEO, HW Park.
"The launch today further reinstate our commitment to provide the best in class, design, quality and technology to our customers," he told reporters in New Delhi today.
India Infoline Research Team / 15:28, Mar 13, 2015
Markets are now reinforcing the perception of an early interest rate hike by US Federal Reserve, with consensus calling for the hike taking place in June, when compared with the prior expectations of a hike in September.