New Hyundai Accent to be launched by early 2011

Hyundai Accent one of the flagship models in the product line-up of Hyundai Motors, received a global relaunch today. The model has been ruling the roads across the globe for over 11 years now and finally got a make-over today. The move seemed long awaited from Hyundai Motors, South Korea's automotive giant. The company ecstatic on the occasion, announced that it wishes to sale 500,000 units globally post the relaunch. The car has been termed as a fuel-efficient sub-compact car and has bought a fresh fragrance of hope to the company's stable. According to the statement released from Hyundai Motors, the company would start the production of the new model by next year in India and Russia. The car is already in production at the company's plants at Ulsan and China, the domestic markets.

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Yang Seung-Suk, President of the company said that the company wishes to reignite the demand and consumption of fuel-efficient, high-performance models amidst the younger generation. The sales targets would be backed by regressive marketing strategies and would cater to buyers of different genres, he added. According to the company sources, Hyundai Motors has invested a descent  200 billion won (180 million dollars) over the last five years in the development process of this new sedan. The all new Hyundai accent is expected to replace Hyundai Verna in the segment of sub-compact cars. The car has been launched in the South Korean market on Tuesday and other markets are soon to follow.

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Talking about the short term plans of the company, it wishes to start exporting refurbished Hyundai Accent to the United States by March, next year. Also, the car would be exported to other markets by first half of 2011. The Hyundai Accent currently manufactured at factories in China, Russia and India would largely be catering to local demands. Hyundai Motors has been doing impressively well for itself as one of the recent launches by the company Hyundai Santa Fe, an SUV has been received tremendous response from the Indian car buyers. Within 2 weeks of the vehicle being launched, it has already received  535 bookings which very well falls in the target sales of the company.

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