Hyundai i20 coming before the end of the year

Hyundai plans to launch its latest model i20 in the Indian market by end of month.

This new model is a five door hatchback and will further extend the offer from the company.

Hyundai already sells relatively smaller i10 hatchback in India.

Hyundai's i20 model exhibited at the Paris Motor Show in October 2008.

Hyundai i20 is expected to be priced in RS 5-5,5-lakh range.

It would compete with existing models on the market, including Maruti Swift, Skoda Fabia.

Hyundai said the i20 will flow into India with a 1.4-liter gasoline engine Kappa.

The company has already started to export this model to their European markets. It is the replacement model in these markets forHyundai Getz, which is still sold in India.

Hyundai Motor India senior VP Arvind Saxena spoke about the possibility of replacing their older models with the new: "Much will depend on market conditions. In a further five years, a number of our models or can not be phased out."