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Hyundai Nishat Motors to launch 1.6L Elantra below PKR4.0 million price tag

admin-augaf by admin-augaf
March 21, 2022
in Business
Reading Time: 2 mins read
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Hyundai
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Lahore March 21 2022: A 1.6-litre variant of Hyundai Elantra will be here next month. The upcoming 1.6L Elantra will compete with the lower variants of Corolla and Civic and the top variants of Yaris and City.

Hyundai-Nishat launched its first C-segment sedan in March 2021. According to the sales figures of PAMA, Hyundai sold 2,784 units of Elantra in a year. The new sedan has come a long way, from 46 sales in March 2021 to 312 sales in February 2022. There’s an exponential growth of 578% in just a year.


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However, Elantra could have had better sales and success if the buyers had more variants to choose from. For a year, there has been a single 2.0L Hyundai Elantra GLS variant against 1.6L, 1.8L Corolla, and 1.5L, 1.8L Civic variants. Finally, the company has decided to introduce another Elantra variant, and we think it’s about time.

What will the new variant have in common with the old one? And what will be different? For a starter, everything under the hood will be different from the ongoing variant. Other than that, the 1.6L variant will look exactly the same as the 2.0L variant. There will be minor differences inside the cabin, such as the instrument cluster and the infotainment screen.

We haven’t heard anything official about features of the upcoming variant of Elantra, but we are excited to know more, just as you are.

Since the upcoming 1.6L is a lower variant, it will cost less than the ongoing Elantra GLS. We are expecting Hyundai to price the 1.6L Elantra close to 1.6L Corolla Altis, i.e., around Rs. 35 lacs.

What do you think about the 1.6L variant of Hyundai Elantra? Share your thoughts in the comments. Stay tuned to find out more about the upcoming car.

Tags: BUSINESSfinancePakistanpakistan stock exchangePSXSBP
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