Here in Brazil, Toyota had to bow to pre-market pressure and lower the price for their Etios. Hyundai goes the other way and is betting that they will be able to command higher prices. In their first try to get at the juicy meat of the Brazilian market, Hyundai has launched their exclusive-to-Brazil small car, the HB20.
Starting from R$32,000 (US$16,000) and reaching an astronomical R$48,000 (US$24,000), Hyundai is claiming the car has two main differentials. According to Hyundai’s dedicated HB20 site the car acts as
“a model built in Brazil for Brazilians. It has Hyundai’s fluidic sculpture design and unrivaled standard content; the New HB20 is striking, modern and sporting.”
Hyundai indulges the buyer: even the lowliest trim will be “complete” by Brazilian standards. In other words, even the base car comes with air conditioning, assisted steering, double frontal airbags and trip computer (according to the folks over at Brazilian enthusiast site bestcars.com.br).
The Hyundai will be the first locally produced Brazilian car to sport an interesting three-cylinder, 1.0L, 12v with 80hp and can run on the local concoction known as gasoline and ethanol. As the engine is the same as the one in the imported Kia Picanto, I warn Brazilian shoppers that although it’s probably one of the best 3-cylinder motors out there, you will be reminded of its presence by the lawn-mower-like noises it emits
From R$37,000 (US$18,500), Hyundai will offer a 1.6L 16v engine good for 128hp. It is the same engine as the one present in the Veloster sold in Brazil, but it has also been adapted to run on ethanol. With this trim level, you get the same content as in the 1.0 car, but ABS is standard.