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New Delhi: Hyundai Motor India Thursday unveiled its concept multipurpose vehicle (MPV) - Hexa Space - at the 11th edition of Auto Expo here and said it expects single-digit growth in the Indian car industry in 2012.
"We are showing our new concept MPV Hexa Space for the first time. It is too early to say when it could come in the market but it will take three to four years," Arvind Saxena, director (sales and marketing), Hyundai Motor India (HMIL), told reporters.
Hexa Space is an eight-seater vehicle targeted at the growing urban class. Hexa Space, codenamed HND-7, carries Hyundai’s characteristic "Fluidic Sculpture" design language, including the bold character lines on the side panels. Inside, Hexa Space incorporates other elements of family design, such as Hyundai’s distinctive hexagonal grille, which is applied to the seat designs.
Hexa Space is targeted at young urban families in their 30s and 40s; customers who live a practical and demanding lifestyle in the bustling and exciting cities of the world’s emerging economies.
The company also showcased a new version of Sonata priced in the range of Rs.16-17 lakh which is expected to be launched by February-end. The sedan is powered by a 2.4 litre GDI (gasoline direct injection) petrol engine.
Saxena also said he hopes to see a turnaround in the auto business in the second half of the calendar year 2012 adding that he is looking forward to some interest rate cuts through government intervention.
With additional inputs from IANS
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