Seeking Alpha

Hyundai gears up in India with new model

  • Hyundai (HYMLF) showed off its new subcompact in India earlier today, although pricing of the small sedan is still a mystery.
  • The Xcent will challenge entrants from Honda (HMC) and Suzuki (SZKMY) in the tough Indian automobile market.
  • The model is sizes small enough to qualify for tax breaks from Indian buyers after other major automakers stumbled with larger-sized vehicles.
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