ID :
204764
Thu, 09/01/2011 - 13:49
Auther :
Shortlink :
https://www.oananews.org//node/204764
The shortlink copeid
Hyundai Motor launches new i40 station wagon
(ATTN: UPDATES with more details in paras 2, 7; ADDS with comments from para 9)
SEOUL, Sept. 1 (Yonhap) -- Hyundai Motor Co., South Korea's largest carmaker, said Thursday that it has started selling its new i40 mid-size station wagon on the local market.
Developed at a cost of 230 billion won (US$216.4 million), the new model, specifically targeted at the European market, merges the comfort of a sedan and practicality of a sport utility vehicle, the carmaker said.
The car, which took four and half years to develop, follows the fluid, sculpted exterior design of recent Hyundai vehicles, which has been popular with many consumers around the world, Hyundai said.
It is also equipped with the latest safety features such as seven airbags, full-adaptive headlights and proximity warning sensors.
The car, which is 4.815 meters long and 1.815 meters wide, comes with a 2.0-liter gasoline direct injection (GDi) engine that can produce a maximum 178 horsepower at 6,500 rpm and 21.6 kilogram-meters of torque. Consumers can also buy a version with a 1.7-liter diesel engine that can produce 140 horsepower at 4,000 rpm and 33.0 kilogram-meters of torque.
Its fuel economy has been rated at 18.0 kilometers on a liter of diesel fuel and 13.1 kilometers for the GDi engine version.
The carmaker said a base price of 28.35 million won has been set for the gasoline-fueled model, while the cheapest diesel-powered version will cost 27.75 million won.
It aims to sell 8,000 i40s in the domestic market this year and 27,000 units abroad, with the worldwide target set at 100,000 units for next year.
Hyundai's president of marketing Yang Seung-suk, meanwhile, said that the carmaker wants to use the i40 to push up European sales to over 400,000 units this year, and 500,000 in 2012. This could give the carmaker a market share of around 5 percent.
"No plans have been made to produce the i40 in Europe, and there are no actions being taken to sell the car in the United States," he said in a launching ceremony held in Busan, 453 kilometers southeast of Seoul. He added that although only the station wagon version will be sold for the time being, Hyundai is considering a sedan model down the road.
The senior executive, meanwhile, said that due to economic uncertainties in Europe, demand for cars may dip 2-3 percent this year vis-a-vis 2010.
SEOUL, Sept. 1 (Yonhap) -- Hyundai Motor Co., South Korea's largest carmaker, said Thursday that it has started selling its new i40 mid-size station wagon on the local market.
Developed at a cost of 230 billion won (US$216.4 million), the new model, specifically targeted at the European market, merges the comfort of a sedan and practicality of a sport utility vehicle, the carmaker said.
The car, which took four and half years to develop, follows the fluid, sculpted exterior design of recent Hyundai vehicles, which has been popular with many consumers around the world, Hyundai said.
It is also equipped with the latest safety features such as seven airbags, full-adaptive headlights and proximity warning sensors.
The car, which is 4.815 meters long and 1.815 meters wide, comes with a 2.0-liter gasoline direct injection (GDi) engine that can produce a maximum 178 horsepower at 6,500 rpm and 21.6 kilogram-meters of torque. Consumers can also buy a version with a 1.7-liter diesel engine that can produce 140 horsepower at 4,000 rpm and 33.0 kilogram-meters of torque.
Its fuel economy has been rated at 18.0 kilometers on a liter of diesel fuel and 13.1 kilometers for the GDi engine version.
The carmaker said a base price of 28.35 million won has been set for the gasoline-fueled model, while the cheapest diesel-powered version will cost 27.75 million won.
It aims to sell 8,000 i40s in the domestic market this year and 27,000 units abroad, with the worldwide target set at 100,000 units for next year.
Hyundai's president of marketing Yang Seung-suk, meanwhile, said that the carmaker wants to use the i40 to push up European sales to over 400,000 units this year, and 500,000 in 2012. This could give the carmaker a market share of around 5 percent.
"No plans have been made to produce the i40 in Europe, and there are no actions being taken to sell the car in the United States," he said in a launching ceremony held in Busan, 453 kilometers southeast of Seoul. He added that although only the station wagon version will be sold for the time being, Hyundai is considering a sedan model down the road.
The senior executive, meanwhile, said that due to economic uncertainties in Europe, demand for cars may dip 2-3 percent this year vis-a-vis 2010.
