When the automajors worldwide suffered huge loss due to the recession, Indian auto industry was stable and opened up a huge potential market to these giants to cover up their losses. Leading the bandwagon is the Hatchback segement which consumes a humongous 70% share of the Auto market. And It is not just limited to the Maruti, Tata or Hyundai small car models. More spacious, stylish, comfortable hatchbacks were rolled out by the companies who had considerable presence in this market. Major ones among them are the Maruti Suzuki Swift, Hyundai i20, Honda Jazz and the Fiat Punto. And the story doesn't end here, with Volkswagen ready for the launch of Polo and the world leaders Toyota announcing their only investement worldwide to develop a hatchback for the Indian market.
The Volkswagon Polo
We can expect this car in January 2010. It has the subtle Volkswagen look. It would be priced between Rs 4 to 5 lakh and would give a tough competition to i20, Swift, Jazz and Punto.It will be available in both Petrol and Diesel options. This model is hugely popular in Europe and expects to gain the same in India with its superb performance on road and comfortable interiors. It is a very good value for money car and would make good use of the Indian mentality. Volkswagen is all set to roll it out of their new plant at Chakan, near Pune and is also expanding their dealer network in the country for efficient marketing and distribution of this car as this would be Volkswagen's cheapest model in India and is expected to have a huge demand in terms of numbers.
The Ford Figo
Ford is planning to launch Figo by January next year to make their presence in this segment as their Fusion is not doing well. This by far appears to be the most stylish hatchback with a powerful ford engine inside. This would also come in both petrol and diesel variants. The price is very competitive and is expected to be between 3.5 to 5 lakhs. It also comes with third generation safety features and promises a good mileage and fuel economy. Looks like a complete package for the Indian Consumer. Ford India has also invested US $ 500 Million in India to double its production capacity to 2,00,000 units of car per annum. Lets see what it delivers after the road tests.
The much waited Nissan sports car is here now and it expects to make its position stronger in the luxury car segment which is currently dominated by BMW, Audi and Mercedes-Benz. Nissan 370Z is a two seater, two door luxurious coupe model which is packed with number of advanced safety features. It is exteremly popular worldwide because of its high performance engine and sporty style. It would be imported as a CBU (Completely Built Unit) from its US plant which would add to the price, expected to be near about 35 lakhs.
Hyundai Santa Fe
India's largest auto exporter and second largest auto manufacturer, Hyundai Motor Co is pretty confident with the launch of their luxurious SUV. With the launch of this model Hyundai plans to enter in the mid-sized SUV market in India. The Hyundai Santa Fe price comes in the range of Rs 23 to 25 Lakhs. The power and the looks would add to the value of this car but still the price is a little high.
Now all these are definitely worth a watch ready to beautify the Indian roads!