Friday, March 5, 2010

Hyundai Motors rolls out 25 lakh car production in India

yundai Motors, India's second largest manufacturing company on Monday said, it has rolled out 25 lakh units valuation in production from Sriperumbedur facility (Tamil Nadu). The company had introduced the first hatchback Hyundai Santro car from the Sriperumbedur facility in September 1998. it took over 11 years to reach the 25 lakh units-mark in production.

HMIL Senior Vice President (Marketing and Sales) Arvind Saxena said, its not only the second running carmaker but also the fastest, and its a glad achievement for Hyundai. He concept the success to the company's abroad sales. HMIL started exporting before made-in-India cars, "we easily had some presence in the international market. Saxena said, Indian made cars are satisfactory in terms of performance and quality, over the present 100 countries. The company sold a total of 4,89,328 units, which were sold 2,43,931 units in the abroad market 2008. HMIL is also country's a largest car exporter. On the other hand, Volkswagen Polo and Chevrolet Beat are also ready to roll out in the next year.

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