HYUNDAI has slashed the price of its Accent model to compete in an increasingly competitive sector. The Korean manufacturer says launches of the new Renault Clio and Peugeot 206 have added to the pressure in an already overcrowded market.

In order to price itself into the supermini sector, while remaining a lower-medium sector sized car the entry model Accent Coupe i is now available at £7,499 on the road - a saving of £400. The Accent Coupe Si, which has electric windows, electric aerial and manual sunroof usually carries a £9,199 price tag, but is now available for £8,999 on the road.

Hyundai has also announced it is to extend its range of fleet deals introduced this year into next year on all models except the H100 van.