{"id":570323,"date":"2010-05-19T02:04:02","date_gmt":"2010-05-19T06:04:02","guid":{"rendered":"http:\/\/focusgear.com\/archives\/41084"},"modified":"2010-05-19T02:04:02","modified_gmt":"2010-05-19T06:04:02","slug":"hyundai-considers-indian-diesel-engine-plant","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/570323","title":{"rendered":"Hyundai considers Indian diesel engine plant"},"content":{"rendered":"<p style=\"text-align: justify\">Hyundai is reportedly considering opening a $550 million diesel engine factory in India designed to serve that burgeoning market. The plant would supply Hyundai&#8217;s Chennai, India, assembly plant, which builds the company&#8217;s diminutive i10 hatchback.<br \/><span><\/span><br \/>The i10 was designed specifically for the Indian market, although it is sold in a number of European, Asian and African markets as well. It currently offers a South Korean-built 1.1-liter diesel, but that engine is installed only in higher-specification i10s marked for export.<\/p>\n<p style=\"text-align: justify\">A company representative said that the automaker is mulling producing the diesel engine locally in India in an effort to reduce <span id=\"more-41084\"><\/span> the company&#8217;s break even point for the powertrain. Hyundai says that i10s sold in India tend to be lower-specification, entry-level models that compete at a more competitive price point than export i10s sold abroad.<\/p>\n<p style=\"text-align: justify\">The automaker says it needs to forecast demand of between 150,000 and 200,000 diesel-equipped i10s in order to justify the additional Indian assembly plant.<\/p>\n<p style=\"text-align: justify\">&#8220;We initially want to localize some critical engine components in India,&#8221; a Hyundai source in Seoul told the Indo-Asian News Service. &#8220;Once that is done, making other components like cylinder block heads is not a problem.&#8221;<\/p>\n<p style=\"text-align: justify\">Hyundai is India&#8217;s largest vehicle exporter.<\/p>\n<p style=\"text-align: justify\"><span><b>References<\/b><br \/>1.&#8217;Hyundai Motor mulls&#8230;&#8217; view<br \/><\/span><\/p>\n<p style=\"text-align: justify\">&nbsp;&nbsp;&nbsp;<\/p>\n<p class=\"rss2wordpress_signature\">Source: <a href=\"http:\/\/www.leftlanenews.com\/\">Leftlane<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hyundai is reportedly considering opening a $550 million diesel engine factory in India designed to serve that burgeoning market. The plant would supply Hyundai&#8217;s Chennai, India, assembly plant, which builds the company&#8217;s diminutive i10 hatchback.The i10 was designed specifically for the Indian market, although it is sold in a number of European, Asian and African [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-570323","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/570323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=570323"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/570323\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=570323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=570323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=570323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}