Hyundai's low-cost small car

Hyundai's upcoming low-cost small car is the big competitor of Maruti's Alto, the country's biggest-selling model. The car will be priced higher than Nano but lower than Alto. It is expected to hit the roads around 2012, with a petrol engine of over 800cc, bigger than Nano's 624cc.

At around Rs 2 lakh, the car will be priced lower than Santro's current entry price of Rs 2.73 lakh (ex-showroom Delhi, non AC), giving Hyundai an entry into one of the big volume segments. The Alto has a starting price of Rs 2.28 lakh. Companies like Hyundai and GM are eyeing the Alto segment and are working at products that can dent into its market share.