Inovev forecasts 100,000 units per year of the new Hyundai i20
- In mid of February, the Korean carmaker Hyundai has unveiled the new generation of its B segment sedan, the i20, which would have been initially presented in Geneva Motor Show before its cancellation. The new model design is in the continuity of the previous generation and equipped with the engines of its predecessor, namely the 3-cylinder petrol engine of 1000 cc and the four-cylinder petrol engine of 1300 cc. There will be no diesel engine on this model, as the demand in the B segment is very low. Hyundai will not propose electrified version (neither hybrid version nor electric version. The strategy of the Korean carmaker on the B segment sedan differ from the other players like Peugeot with the 208 available in thermal and full electric versions (BEV) or Renault with the Clio, marketed in thermal and mild hybrid versions. However Hyundai proposes electrified models through its SUV/CUV models Kona (BEV or HEV).
- The new Hyundai B segment sedan will be produced in the Turkish factory in Izmit as before, alongside the Hyundai i10. This A segment A has just been renewed a few months ago but is also not available in an electric version, while carmakers operating in Europe tend to switch their A segment sedan from combustion engines to the electric (Renault, Smart, Fiat…).
- Inovev forecast a production level of 100,000 units of the new i20 a year, while production fell to 90,000 units in 2019.
- Note: this analysis and the related forecast have been constructed before the COVID-19 crisis.
The objective is to provide objective information regarding the activities of carmakers
The objective is to provide objective information regarding the activities of carmakers
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