Hyundai launches Santa Fe in India

South Korea’s Hyundai Motor has launched its Santa Fe sport utility vehicle (SUV) in India, reports the Hindu Business Line. The company has positioned the model at a price point between Rs2.09 million (US$47,254) and Rs2.29 million (US$51,776). The company aims to sell between 600 and 800 units per year from 2011 onwards. The Santa Fe competes with segment leader Toyota’s Fortuner, Ford’s Endeavour, Chevrolet’s Captiva, Mitsubishi’s Pajero and Outlander, and Honda’s CR-V. (October 15, 2010)