Saturday, March 6, 2010

Hyundai i20 production: decision in a month

Hyundai Motor India is thinking over to shift the production of i20 from India to Europe. The company spokesman confirmed that in a months time the decision will be taken. It may be recalled that the previous week, there was a strike in the company's Chennai plant following different workers demand. The production of the car was badly hit. In those days, it was learnt that the company would shift the production of i20 from Chennai to Europe.

The car maker also blamed to the poor port infrastructure to support surging exports and no export incentives from the government. HMIL is pondering over making its plant in Czech Republic as an export hub for the model. The other option is to use the new plant being set up in Russia.

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