Iranian automaker and local partner of Hyundai Motor is set to unveil the South Korean firm's small SUV Kona by late June.
According to Kerman Motor's marketing manager, the Kona will be officially unveiled by Iran's second largest private manufacturer in late June, though the model's specifications for the local market have not been decided yet.
"Hyundai's latest crossover will be delivered to buyers by the end of the current fiscal [which ends in March 2019]," Hassan Akbari was quoted as saying by automotive website Asbe Bokhar.
The small SUV is scheduled to enter the Persian Gulf market in the coming months, equipped with a 2L engine, 147 hp, six-speed automatic gearboxes, and 2WD drivetrain.
Hyundai Kona is sold for $19,000 in the global market. Given the fact that similar models arriving in Iran have been offered for doubled sums, a $38,000 price tag is estimated for the Kona. Reportedly the Kona will be imported into Iran as completely built units.
Kerman Motor and Hyundai signed a joint production deal in March 2017, under which the Iran-based firm has been producing Hyundai Accent, i10 and i20 and is also assembling Elantra from completely knocked down kits. During the last Iranian year which ended in March, 7,293 units of Hyundai cars were made in Iran.