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Hyundai plans to manufacture 2 mn cars by first half of 2021

Hyundai plans to manufacture 2 mn cars by first half of 2021 NEW DELHI: South Korean car manufacturer Hyundai Motor India is planning to manufacturer two million cars in the next three years, the company said in a press release. The company also announced that it has rolled out 8 Millionth car.

The company achieved the milestone with the rollout of the Creta. Since inception, Hyundai Motor India has sold 5,300,967 units in the Indian market and 2,703,581 units in exports globally.

The company rolled out its first Millionth car, Santro, in 2006, just 8 years after commencement of commercial production in 1998.

Thereafter, production picked up momentum with the next million milestone being achieved within an average of 18-19 months.

YK Koo, managing director and CEO, Hyundai Motor India, said, “Evolution of a revolution is Hyundai’s DNA. Today marks a momentous and landmark day in the history of Hyundai Motor India with the achievement of 8 millionth milestone. Hyundai is the only manufacturer to achieve this feat in the shortest span of time while strengthening our Manufacturing Excellence, Customer Experience, Marketing Innovation and Corporate Social Responsibility."

"In our evolving journey to becoming India's most Loved and Trusted brand, we have pushed the boundaries and taken on new challenges at every step. Our vision is to deliver on the promise of becoming the ‘Lifetime Partners in Automobile and beyond’. I dedicate this achievement to our valuable customers and every member of the Hyundai family,” he said.

“Thanking 8 million customers and remembering their brilliant moments with Hyundai cars, we will be launching a series of activities and emotionally connecting campaigns to mark the 20th year of excellence in sales and production in India,“ he added.

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