Saturday, Dec 16, 2017 | Last Update : 02:50 AM IST

Hyundai India crosses 5 million production milestone

THE ASIAN AGE
Published : Dec 2, 2017, 11:35 am IST
Updated : Dec 2, 2017, 11:37 am IST

A Hyundai Verna becomes the 5 millionth car to roll out of Chennai plant.

Let's take a look at the previous milestones achieved by Hyundai in India.
 Let's take a look at the previous milestones achieved by Hyundai in India.

Hyundai India has announced that its manufacturing plant in Chennai has rolled out 50 lakh units since it started production in the country in 1998. The model that marked this feat for the Korean manufacturer was the latest generation of the Hyundai Verna. Hyundai has also claimed that it was the fastest to reach the milestone in India.

Speaking about the latest milestone, Y K Koo, MD and CEO of Hyundai Motor India Limited, said, “Hyundai has witnessed a remarkable journey in India by becoming the most loved and trusted brand by customers, partners and experts. Today we are very happy to roll out the 5 millionth car with the next-gen Verna in the Indian market, the fastest in the industry symbolising Hyundai's long-term commitment to the Indian market.  Hyundai’s Modern Premium Brand direction is a commitment to offer world-class and benchmark products meeting customers aspirations. We will continue this momentum with strong efforts towards customer delight through unique experiences to customers. We thank our valuable customers and partners for their support and trust in Hyundai.”

Hyundai

Let's take a look at the previous milestones achieved by Hyundai in India. After commencing commercial production in 1998, the Hyundai Santro became the first car to roll out from the facility. In 2007, Hyundai produced one lakh units of the hatchback in India. This feat was achieved within a period of eight years and seven months. After this, the time taken to reach the subsequent million mark decreased significantly. In 2010, the number reached to two million followed by three, four and five million in 2013, 2015 and 2017, respectively.

Cars that helped Hyundai reach this milestone include the Creta, Elite i20, Grand i10Elantra, etc. But let’s talk about the star of the show, the Hyundai Verna, it is the manufacturer’s only offering in the C-segment. The latest-gen Verna was launched early this year and became an instant hit mainly due to its good looks and the features it had on offer. The new Verna is powered by a 1.6-litre petrol and a 1.6-litre diesel engine producing 123PS/150Nm and 128PS/260Nm, respectively. Both engines are mated to either a 6-speed manual or a 6-speed automatic gearbox.

Hyundai

To cater to its increasing customer base, Hyundai currently operates 2,200 sales and service outlets along with 422 service points in rural areas across the country.

Source: ZigWheels.com

Tags: hyundai, hyundai venra, sales, production, revenue
Location: India, Delhi, New Delhi