Hyundai launches Grand i10 Nios with prices starting at Rs 4.99 lakh

NEW DELHI: Korean auto major Hyundai Motor Tuesday launched the Grand i10 Nios priced between Rs 4.99-7.99 lakh (ex-showroom, India).
The Grand i10 Nios comes strapped with 1.2 litre Kappa petrol and 1.2 litre U2 diesel engines. The petrol engine is BS VI- compliant. Hyundai is offering automated manual transmission on both fuel options.

S S Kim, MD & CEO, Hyundai Motor India said, "The all new Grand i10 Nios is our third big launch of the year. The Grand i10 Nios is Made-in-India Made-for-the-World Product. The Indian Market is key and axis point of Hyundai's global growth plan.”



Kim expects the new vehicles will help the company draw in compact car customers in the heart of the market in India. Hatchbacks contribute 48% to passenger vehicles sales in the local market.

Hyundai has sold 721,000 units of the Grand i10 since it’s launch in 2013.

The company has available with it diesel technology compliant with BS VI emission standards. Kim informed, “The price increase on diesel vehicles on account of upgradation to BS VI norms will be a burden on customers right now. The fuel too is not available. We are waiting for the right time to launch a BS VI-compliant diesel engine in Grand i10 Nios.”

Hyundai will continue to manufacture the Grand i10 to cater to customers looking for more economical options in upcountry areas. The Grand i10 Nios will be targeted more at millennials.