Hyundai Motor India rolls out five millionth car

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SME Times News Bureau | 29 Nov, 2017
Automobile major Hyundai Motor India (HMIL) on Tuesday marked the "five millionth car milestone" with the rollout of a Next Gen VERNA for the domestic market.

According to Y.K. Koo, MD and CEO, Hyundai Motor India, the roll out of the 5 millionth car is the fastest in the industry and symbolises Hyundai's long-term commitment to the Indian market.

"Hyundai rolled out its 1st Millionth Car, Santro, in 2007 in just 8 years and 7 months post commencement of commercial production in 1998 and continued the trend of setting benchmarks in the industry...," the automobile major said in a statement.

"Hyundai has been expanding its product portfolio, foraying into new segments, strengthening the sales and service network with over 2,200 sales and service points including 422 rural outlets."

The company credited its growth to models such as Santro, Eon, Verna, Creta, i10 Grand, Elite i20 and i20 Active, Xcent, Tucson and Elantra.