Productivity hike aids redesigned Hyundai i10

29 Aug 2014 | Author: | Comments Off on Productivity hike aids redesigned Hyundai i10

UK: Productivity hike makes Hyundai i10 better value

Europe said improved is the prime reason why its redesigned i10 offer buyers better for money.

The new model will go on in the UK early next year from GBP8,345, the price for the current entry version. Yet the built on a new platform, is bigger, safer and – in most – better equipped.

the base model no longer has air conditioning but does have airbags. Quality is also to be substantially improved. Hyundai is the new i10 as an A to B car – A segment pricing the features and equipment of a model the class above.

Higher up the range there are rises of up to GBP400, but there is standard equipment which, claimed, would cost 10-15% more if bought as items.

European versions of the new i10 will be in Turkey while the outgoing was made in India. The capacity of the plant has been increased 120,000 units a year to to make this possible.

will build its own version of the called the Grand i10, for local sale. The new platform also be used for the next Kia the i10’s sister model.

will give the Hyundai-Kia the economies of scale which zero or minimal price for the new i10 feasible, Hyundai UK president and CEO Whitehorn said.

The UK is the leading market in Europe for the with annual sales have never dipped 20,000.

We are in the top two or three in the A segment. My aim the new model is to sell about next year and extend the of the car, added Whitehorn.

Sales of the previous model helped by the government’s scrappage in the wake of the 2008 banking This gave buyers up to if they traded in a used car at 10 years old. But Whitehorn is not those scrappage buyers to in for the new model.

They are people who their cars 10 years, he We haven’t even seen for servicing – they go to the garage down the street they have always to.

Instead, Whitehorn expects the product payment protection ‘mis-selling’ compensation windfalls, being paid out to many along with attractive PCP to boost sales of the new car.

is a fantastic time to buy a brand new There are some fantastic throughout the industry and we are part of competitive set. Consumer have increased by around 20% on year, he said.

Hyundai expects to have between 77,000 and 80,000 in the UK by the end of the year compared with in 2012 – despite forecasts that 2013 be a year of consolidation.

But the recession in of Europe has freed up production for the UK, said. We are getting extra from Europe. What we are is being experienced by all other

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